The GBPJPY keeps the positivity – Analysis – 3-12-2020

Economies.com
2020-12-03 06:26AM UTC

The GBPJPY pair provided new positive rally yesterday to keep its positive stability above 61.8% Fibonacci correction level at 139.35, also, stochastic approach to 80 level allows us to keep the bullish overview until reaching the main target at 141.05.

 

Note that declining below the mentioned support might postpone the bullish attack, to expect suffering some losses by crawling towards 138.50 followed by reaching 136.95 support line.

 

The expected trading range for today is between 139.30 and 141.05

 

The expected trend for today: Bullish

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