The GBPJPY pair formed a strong bullish trading, surpassing the temporary sideways range’s resistance at 141.50, announcing its readiness to resume the bullish attack.
By the above image, we notice the price stability within the bullish channel levels and the fluctuation of the moving average 55 below the current trading makes us wait for recording extra targets that might begin at 142.60 reaching to 143.80.
The expected trading range for today is between 141.30 and 142.60
The expected trend for today: Bullish