The GBPJPY remains within the correctional range – Analysis – 9-9-2019

In spite of forming a negative rebound of the GBPJPY pair recently and its stability near 131.22 level, but that doesn’t decelerate the bullish correctional attempts, due to the stability support at 130.65, therefore, we will keep waiting for gathering a new positive momentum that forces it to rally directly to the critical resistance, which forms the waited target at 132.70.

While the price attempt to reach below 130.65 level and providing a negative close, so that will cancel the bullish correctional overview, which forces it to build a strong bearish attack to reach 129.15 and 128.00.

The expected trading range for today is between 130.65 and 132.70

The expected trend for today: Bullish