The GBPJPY renews the positive action – Analysis – 12-8-2022
Economies.com
2022-08-12 07:44AM UTC
The GBPJPY pair returned to fluctuate above the moving average 55 at 161.90 to hint the preparation to renew the bullish attempts to notice recording some gains by touching 162.80.
We assure the importance of gaining the positive momentum again to agree the main stability within the bullish channel, to expect targeting many positive levels that might start at 163.40 and 164.00 levels.
The expected trading range for today is between 162.00 and 163.40
The expected trend for today: Bullish
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