The GBPJPY keeps the positivity – Analysis – 25-11-2019
Economies.com
2019-11-25 07:16AM UTC
The GBPJPY pair continued to form mixed sideways trading due to the continuous contradiction between the major indicators recently, while the continuous stability above the initial support at 139.40 allows us to suggest rallying bullishly to attempt to press on 141.50 barrier and surpass it to extend trading towards 142.60.
We continue to mention that attempting to break the initial support will confirm postponing the bullish attack to start forming correctional bearish trades and force the price to suffer some losses by moving towards 138.80 followed by 137.60 levels.
The expected trading range for today is between 139.40 and 141.50
The expected trend for today: Bullish
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