The GBPJPY pair formed some temporary sideways fluctuation, in spite of the availability of the positive factors that confirms the chance for facing the bullish channel’s resistance at 154.85.
Reminding you that forming an extra support at 152.95 level increases the chances for reaching the mentioned resistance, them monitoring the price behavior to detect the main trend in the upcoming period trading.
The expected trading range for today is between 153.00 and 154.85
The expected trend for today: Bullish