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The GBPJPY provides positive signal – Analysis – 30-5-2023
The GBPJPY pair took advantage of the frequent stability within the bullish channel, forming new bullish wave to settle above the additional barrier 172.50, noticing achieving additional gains by reaching 173.95.
Stochastic continuous fluctuation within the overbought areas will increase the chances of gathering the positive momentum, to ease the mission of recording additional gains by rallying towards 174.65 and 175.40 levels.
The expected trading range for today is between 172.70 and 174.65
The expected trend for today: Bullish
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Platinum price tends towards the negativity – Analysis – 30-5-2023
Despite the recent platinum price weak trades, its frequent consolidation near the MA55 confirms its surrender to the negative attempts, waiting to form new negative wave and move to the next negative level that might target 1000.00 followed by reaching the next main target at 965.00.
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