The GBPJPY prepares for new rise – Analysis – 10-1-2020

Economies.com
2020-01-10 09:26AM UTC

The GBPJPY pair continued to fluctuate within the bullish channel to surpass 142.35 level that forms the additional support against the bullish attempts, expecting stochastic to reach the overbought areas to gather new positive momentum and increase the chances of breaching 143.80 obstacle and start targeting new positive levels by reaching 144.30 and 145.60 levels.

 

The expected trading range for today is between 142.35 and 144.30

 

The expected trend for today: Bullish

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