The GBPJPY still bullish – Analysis – 30-12-2020
Economies.com
2020-12-30 06:29AM UTC
The GBPJPY pair confirmed keeping the domination of the bullish bias by providing new positive close recently above the initial support 139.30, to increase the chances of forming new positive trades, while the price needs to surpass 140.30 level to ease the mission of reaching the main stations that might start at 140.90 and 141.80.
We remind you that attempting to crawl below the initial support will force it to postpone the bullish attack and repeat the attempt to test the moving average 55 by reaching 137.65 before recording any new positive target.
The expected trading range for today is between 139.30 and 141.80
The expected trend for today: Bullish
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