The GBPJPY shows temporary sideways fluctuation – Analysis – 14-1-2020

Economies.com
2020-01-14 07:28AM UTC

The GBPJPY pair formed temporary sideways trades recently due to the lack of the positive momentum, noticing its stability below 143.80 barrier, noting that the price stability within the bullish channel –above 141.45 support line- allows us to wait to surpass the current barrier to start recording additional targets that might start at 144.30 followed by 145.60.

 

The expected trading range for today is between 142.35 and 143.80

 

The expected trend for today: Bullish

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