The GBPJPY without any new – Analysis – 8-9-2020

Economies.com
2021-09-08 04:29AM UTC

There is no news for the GBPJPY pair until this moment, to keep forming weak sideways trading due to its confinement between the initial support at 151.35 and 152.25 barrier, to obstacle the suggested bullish attempts.

 

In general, the main bullish suggestion will remain valid due to the stability of the price within the bullish channel’s levels, to wait for gathering the extra positive momentum, which allows it to surpass the mentioned barrier and begin recording the extra targets at 153.10 and 154.25.

 

The expected trading range for today is between 151.50 and 152.30

 

The expected trend for today: sideways until achieving the breach.

 

 

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