The GBPJPY pair succeeded to surpass the moving average 55 at 151.30, to increase the chances of regaining the bullish bias, while in general, consolidating within the bullish channel and getting positive signals by stochastic increase the chances of activating the bullish attempts, to expect targeting 152.40 level first, while surpassing this barrier will extend trades towards 153.40 and 154.25 levels.
The expected trading range for today is between 151.20 and 152.40
The expected trend for today: Bullish