The GBPJPY pair ended yesterday’s trading by providing positive close above 214.50 barrier, announcing its readiness to readiness to renew the bullish attempts by reaching 215.00 level, providing positive momentum by stochastic will keep our bullish scenario, which might target 215.30 level, surpassing it will make the next target at 215.75 in he current trading.
While the attempt of activating the bearish corrective trend requires forming several negative waves, to settle below the extra support at 213.30.
The expected trading range for today is between 214.40 and 215.75
Trend forecast: Bullish
Despite the neediness of positive momentum by Platinum price, it settles above $1865.00 level supports our bullish scenario, to record some gains by its stability near $1950.00 level.
MoreCopper price benefited by the main indicators’ positivity, forming some bullish waves, approaching the initial target at $5.5600, to confirm the main bullish scenario.
MoreEthereum (ETHUSD) declined in recent intraday trading after previously easing oversold conditions on the relative strength indicators. Currently, new bearish crossover signals are emerging, adding further downside pressure in the near term.
More