The GBPJPY tends towards the positivity – Analysis – 31-8-2021
Economies.com
2021-08-31 05:24AM UTC
The GBPJPY pair reacted to stochastic positivity yesterday by forming bullish wave, attempting to hold above 151.30 barrier, while we need new close above this barrier to confirm the attempt to renew the bullish attack, expecting to target 152.22 followed by reaching the next barrier at 153.40.
On the other hand, crawling below 151.30 level again will cancel the positive overview to start forming correctional bearish waves and target 150.10 followed by reaching the main support at 148.90.
The expected trading range for today is between 150.80 and 152.22
The expected trend for today: Bullish
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