The GBPJPY pair faced strong positive pressures yesterday to notice rallying above 133.50 level and settles within the bullish channel that appears on the chart, recording the first target by touching 135.44.
The stability of the bullish channel’s support line at 133.80 allows us to suggest more bullish attempts to provide good chances to record some targets by moving towards 136.70 followed by 137.65 levels.
The expected trading range for today is between 134.60 and 136.70
The expected trend for today: Bullish