The GBPJPY moves away from the support – Analysis – 21-10-2021
Economies.com
2021-10-21 04:40AM UTC
The GBPJPY pair attempted to resume the bullish attack by reaching 158.22, while that level forms an extension of strong historical resistance as appears on the chart, to force it to form temporary correctional rebound towards 157.55.
The continuous stability of the mentioned resistance will confirm postponing the bullish attack, to expect resuming the correctional negative attempts and target 156.60 followed by reaching 155.40 in the medium term basis.
The expected trading range for today is between 150.45 and 152.20
The expected trend for today: Bullish
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