The GBPJPY hits the target – Analysis – 5-1-2022
Economies.com
2022-01-05 05:57AM UTC
The GBPJPY pair formed new bullish attack yesterday to reinforce the domination of the bullish bias, to notice touching the next main target at 157.40 and form new obstacle against the bullish attempts.
These factors interpret the attempt to form the temporary negative rebound, allowing us to wait to gather the additional positive momentum to ease the mission of breaching 157.40 and reach the next target at 158.60.
The expected trading range for today is between 156.15 and 157.40
The expected trend for today: Sideways
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