The GBPJPY pair succeeded to gather the positive momentum, to notice forming strong bullish rally and record many targets to settle near 141.80, expecting to move towards the minor bullish channel’s resistance at 142.28 followed by assuring the importance of monitoring trades to manage to detect the next main trend.
Note that succeeding to surpass the targeted resistance and holding above it will confirm moving into new bullish track, allowing us to wait to record additional targets that might start at 142.75 and 144.05.
The expected trading range for today is between 141.20 and 142.25
The expected trend for today: Bullish