The GBPJPY resumes the positivity– Analysis – 20-10-2021
Economies.com
2021-10-20 04:45AM UTC
The GBPJPY pair succeeded to get rid of the sideways bias domination by surpassing 157.50 barrier yesterday, to record new positive targets by hitting 158.20 level, which confirms the trading surrender to the bullish bias domination, to expect forming a positive move that target 158.75 and 159.10 level.
The continuation of stochastic fluctuation within the overbought level forms a main factor to confirm the continuation of the positivity by providing extra positive momentum, to ease the mission of reaching the extra suggested targets.
The expected trading range for today is between 157.60 and 158.75
The expected trend for today: Bullish
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