The GBPJPY pair got the positive momentum recently to manage to hold above the additional support 166.80 again, to achieve some positive targets by reaching 168.00 and achieve the first waited target.
Also, the main stability within the bullish channel allows us to suggest more positive trades, to expect targeting 168.80 level soon, while surpassing it will activate the double bottom pattern and reinforce the chances of reaching new positive stations that start at 169.75 and 170.50.
The expected trading range for today is between 166.80 and 168.80
The expected trend for today: Bullish