The GBPJPY moves within tight range – Analysis – 22-7-2019
Economies.com
2019-07-22 07:54AM UTC
The GBPJPY pair faced the strength of 133.90 support line to force the price to form positive rebound to approach the minor bearish channel’s resistance at 135.20, to manage to detect the main trend, while we need to wait to surpass one of the current dominating levels and wait the next daily close.
Breaching 135.15 will open the way to form bullish attack that might push the price to target 137.60 followed by 138.50, while breaking the support will reinforce the bearish scenario to expect moving towards 133.15 and 132.55 levels.
The expected trading range for today is between 135.15 and 134.00
The expected trend for today: Neutral
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