The GBPJPY provides a new positive close – Analysis – 09-12-2019

Economies.com
2019-12-09 07:52AM UTC

The GBPJPY pair continued its fluctuation above 142.60 level, announcing its affection by the bullish bias domination, which increases the chances for recording new targets in the near and medium period.

 

Stochastic rally above 50 level, makes us expect gathering a new positive momentum, then begin recording the extra targets by reaching 143.80 and 145.30.

 

The expected trading range for today is between 142.40 and 143.80

 

The expected trend for today: Bullish

 

 

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