The GBPJPY keeps the bullish range – Analysis – 01-10-2019

Economies.com
2019-10-01 06:32AM UTC

The GBPJPY pair repeated providing positive closes above the support at 132.30, to reinforce the suggested bullish attempts, stochastic surpass to the oversold level will increase the chances for gaining the positive momentum, to allow it to reach the positive stations that are located at 133.70 and 135.60.

 

Note that the attempt of breaking the current support and providing a negative close below it, so that will confirm its move to a new negative track, to suffer new losses by reaching 131.30 and 130.60.

 

The expected trading range for today is between 132.30 and 134.20

 

The expected trend for today: Bullish

 

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