The GBPJPY pair formed new bullish rally this morning to press on 152.20 barrier, which hinders the attempts to resume the bullish attack, while we recommend to wait to achieve the required breach to confirm the continuation of the positivity, to manage to achieve many positive targets by moving towards 152.60 and 153.40 levels.
On the other hand, failing to achieve the required breach will force the price to repeat the sideways fluctuation due to the frequent move between the current barrier and 151.30 initial support.
The expected trading range for today is between 151.30 and 152.30
The expected trend for today: Sideways