The GBPJPY pair ended yesterday’s trading by reaching 215.40 level, which forces it to form sideways trading attempting to gather the required extra positive momentum to confirm the continuation of the positivity in the near and medium period, reminding you that the stability above the extra support at 214.10 is important to avoid the attempts of delaying the bullish trend, reminding you that the stability of the current positive targets near 216.40 level reaching 217.60.
While facing negative pressure might force it to reach below 214.10, to begin forming bearish corrective waves, expecting to reach the initial main support at 213.30.
The expected trading range for today is between 214.70 and 215.40
Trend forecast: Bullish
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