The GBPJPY keeps the positivity – Analysis – 12-1-2021
Economies.com
2021-01-12 06:11AM UTC
No change to the GBPJPY pair’s bullish track, to notice approaching 141.40 level that formed an obstacle against the last positive rally, while the price gets its positive momentum by stochastic approach to the overbought areas, to increase the chances of targeting the bullish channel’s resistance at 142.20 followed by monitoring the price behavior due to the importance of this level to detect the next main trend.
The expected trading range for today is between 140.20 and 142.20
The expected trend for today: Bullish
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