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The GBPJPY hits the target – Forecast today – 12-9-2024
The GBPJPY pair ended its recent negative attack by touching 183.70 target, to form an obstacle against the negative attempts and notice the activation of the bullish correction in order to cover some losses by rallying towards 186.25.
Stochastic exit from the oversold areas allows us to expected providing more correctional bullish attempts that might target 187.25 and 187.80 levels, noting that breaking 183.70 will cannel the bullish overview and force it to suffer additional losses that might extend towards 182.75.
The expected trading range for today is between 184.90 and 187.25
Trend forecast: Bullish
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