The GBPJPY keeps rising – Analysis – 14-10-2019
Economies.com
2019-10-14 06:26AM UTC
The GBPJPY pair get advantages from its stability within the minor channel levels, to form a strong bullish attack achieving the target at 137.90, as the price is leaning above the main support at 134.40 for today, that makes us prefer more of the bullish attempts that targeting 139.10 level reaching to the resistance at 140.25.
The risk of changing the trend is represented by the price reach below the mentioned main support, to expect renewing the bearish correctional attempts, to begin targeting several negative levels by reaching 131.70.
The expected trading range for today is between 136.25 and 133.70
The expected trend for today: Bearish
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