The GBPJPY seeks an exit – Analysis – 13-8-2019

2019-08-13 10:28:48 GMT (Economies.com)
 

The GBPJPY pair still fluctuating within sideways track near 126.50 support line, attempting to find a path to resume the main bearish attack, noting that failing to achieve the required break might force the price to form strong positive rebound to cause unexpected losses, thus, we recommend monitoring the price behavior and wait to achieve the required break to confirm the preparation to record the additional targets at 124.85 followed by 123.25.

 

The expected trading range for today is between 128.10 and 125.60

 

The expected trend for today: Neutral

 
 
 
  Symbol Last Change Chg.%
1.1001
-0.0023
0.2064%
1.2838
0.0037
0.2855%
Tadawul
7932.52
-48.79
0.61%
16.984
0.181
1.077%
57.447
0.087
0.152%
62.37
0.31
0.50%
1465.080
6.800
0.466%
 
 
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