The GBPJPY pair confirmed moving into the bullish track by moving away from the breached resistance that forms key support now at 132.90, to notice recording 134.60 level and face the moving average 55.
We expect forming some sideways fluctuation to manage to gather new positive momentum and start forming additional bullish trades to move towards 135.40 followed by reaching 136.05 barrier.
The expected trading range for today is between 133.70 135.40
The expected trend for today: Bullish