The GBPJPY provides mixed trading – Analysis – 13-3-2019

The GBPJPY pair provided mixed trading by its decline below 146.00 level, delaying the waited bullish attack, by the above image we expect the stability of the price within the bullish channel levels, to keep our positive expectation, note that its rally today above 146.00 will increase the chances for reaching to the main targets that are located at 148.50 reaching to 149.80.

Therefore, we will keep our bullish expectation unless breaking the bullish channel at 144.00, to notice stochastic attempt to form a new bullish wave, to assists to provide positive momentum in the current trading.

The expected trading range for today is between 144.80 and 147.00

The expected trend for today: Bullish