The GBPJPY needs new momentum – Analysis – 27-3-2020
Economies.com
2020-03-27 09:15AM UTC
The GBPJPY pair formed negative rebound after recording 133.78 level, affected by stochastic exit from the overbought areas, to rebound towards 132.60, reminding you that the bullish scenario will remain valid as long as 129.20 support line remains intact, allowing us to wait to gather additional positive momentum to confirm rallying towards the positive stations at 134.50 followed by 135.30.
The expected trading range for today is between 131.20 and 134.50
The expected trend for today: Bullish
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