The GBPJPY keeps the positivity – Analysis – 24-2-2021
Economies.com
2021-02-24 06:20AM UTC
The GBPJPY pair continued to provide strong bullish trades recently to notice recording the target at 149.65, forming an obstacle against the bullish scenario, reminding you that the price consolidation within the bullish channel and the stability of the additional support at 147.80 allow us to wait to gather new positive momentum, to manage to resume recording the targets by reaching 151.00.
The risks of beginning correctional bearish trades will appear by crawling below 147.80, to force the price to suffer many losses that might start at 146.60 followed by 146.05.
The expected trading range for today is between 148.30 and 150.60
The expected trend for today: Bullish
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