The GBPJPY prepares to rise – Forecast today – 21-3-2024
Economies.com
2024-03-21 05:54AM UTC
The GBPJPY pair confirmed its preparation to resume the bullish attack by providing new close above 192.00 level that forms the neckline of the inverted head and shoulders’ pattern as appears on the chart, expecting to start gathering the additional positive momentum to ease the mission of recording big gains by targeting 193.80 level first, followed by reaching the main resistance at 195.35 in the medium term period, which forms the key to detect the next main trend.
The expected trading range for today is between 192.35 and 193.80
Trend forecast: Bullish
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