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The GBPJPY provides intraday sideways fluctuation– Analysis – 21-10-2022
The GBPJPY pair continued to form weak trades by consolidating near 168.00 level, attempting to gather the positive momentum again, to ease the mission of resuming the main bullish track that might target 169.80 and 170.70 levels.
Also, the continuous stability of the additional support near 166.40 confirms blocking trades within the bullish track, to increase the chances of gathering the required momentum to reach the mentioned positive stations.
The expected trading range for today is between 167.00 and 169.70
The expected trend for today: Bullish
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