The GBPJPY surpasses the target – Forecast today – 20-3-2024
Economies.com
2024-03-20 05:00AM UTC
The GBPJPY pair didn’t get enough of touching the target at 192.45, to notice rallying towards 192.65 since this morning, confirming its preparation to resume the previously suggested bullish attack.
Stochastic rally towards the overbought areas will increase the positive pressures on the price, to increase the chances of its stability above 191.80, which will form the additional support, followed by attempting to record additional gains that might extend towards 193.05 and 193.80 levels soon.
The expected trading range for today is between 192.00 and 193.05
Trend forecast: Bullish
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