The GBPJPY pair reinforced its affected by the main bullish bias domination by its rebound to the upside after hitting 50% Fibonacci correction at 136.75 to settle within the bullish channel levels as appears in the above image.
stochastic attempts to exit the oversold level will increase the chances for gathering the required positive momentum, to begin recording the positive targets that are located at 138.60 and 139.80.
The expected trading range for today is between 137.00 and 138.60
The expected trend for today: Bullish