No change to GBPJPY pair’s bullish track as it keeps providing positive closings above the bullish channel’s support line at 149.00, reinforcing the bullish track, to settle near 149.75.
Note that it is important to gather the additional positive momentum to manage to continue the rise, expecting to surpass 150.10 to start achieving new targets that might extend towards 150.55 and 151.30.
The expected trading range for today is between 149.25 and 150.55
The expected trend for today: Bullish