The GBPJPY takes advantage of the positive momentum – Analysis – 6-7-2020
Economies.com
2020-07-06 05:13AM UTC
The GBPJPY pair started to form bullish wave to repeat the pressure on the moving average 55 in order to find an exit to resume the previously suggested bullish attack, reminding you that it is important to settle above the initial support 133.70 to expect rallying towards 135.70 and reach 136.65 barrier.
In addition, note that stochastic success to reach the overbought areas will increase the chances of gathering the additional positive momentum to confirm the preparation to record the suggested additional targets.
The expected trading range for today is between 133.70 and 135.70
The expected trend for today: Bullish
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