The GBPJPY repeats the pressure on the moving average – Analysis – 1-9-2021
Economies.com
2021-09-01 04:12AM UTC
The GBPJPY pair continued to provide clear positive pressure on the moving average 55 at 151.40, attempting to find a way to resume the main bullish attempts, while the current positivity is caused by the stability within the bullish channel in addition to stochastic consolidation near 80 level.
Therefore, we will keep waiting to confirm breaching the current obstacle to ease the mission of achieving the positive targets near 152.22 followed by reaching 153.40.
The expected trading range for today is between 150.80 and 152.22
The expected trend for today: Bullish
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