The GBPJPY needs to breach the barrier – Analysis – 7-9-2021
Economies.com
2021-09-07 05:03AM UTC
The GBPJPY pair formed new sideways fluctuation yesterday due to the stability below the additional barrier at 152.30, to hinder the attempt to resume the previously expected bullish attack.
Note that stochastic attempt to crawl towards the overbought areas and forming continuous support by the moving average 55 at 151.30 allow us to wait to achieve the required breach to open the way to record new targets that might start at 153.10 followed by 154.25.
The expected trading range for today is between 151.80 and 152.30
The expected trend for today: Sideways
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