The GBPJPY takes breath – Analysis – 23-2-2021
Economies.com
2021-02-23 06:02AM UTC
The GBPJPY pair formed some sideways fluctuation by settling near 147.80, hinting the attempt to take breath before resuming the main bullish attack, also, the stability of the initial support at 146.10 supports our bullish overview, to keep waiting to gather the additional positive momentum followed by waiting to reach the additional stations at 148.80 and 150.80.
Note that the price attempt to break 146.10 support will postpone the bullish attack, to start suffering some losses by moving towards 144.60 before achieving any new positive target.
The expected trading range for today is between 146.80 and 148.80
The expected trend for today: Bullish
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