The GBPJPY rises slowly – Analysis – 26-11-2019
Economies.com
2019-11-26 07:58AM UTC
The GBPJPY pair began to form new bullish trading to move away from the support at 139.40 due to the stability of the repeated stability within the bullish channel levels, to resume recording the targets the price should breach 141.50 level to expect the price rally to 142.60 level, reaching to the next barrier at 143.75 in the medium period.
Stochastic attempt to rally above 50 level forms a main factor to confirm the suggested positivity, as it provides a new positive momentum that eases achieving the required breach.
The expected trading range for today is between 139.80 and 141.50
The expected trend for today: Bullish
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