GBPJPY keeps the positive attempts – Analysis – 4-10-2018
Economies.com
2018-10-04 07:11AM UTC
Despite facing clear negative pressures after stochastic crawled below 50 level, the GBPJPY pair’s positive stability above 147.20 support supports our bullish overview for the near term and medium term period.
Therefore, we will keep waiting to gather the positive momentum to assist to form new bullish rally and target 148.45 initially, while surpassing this barrier will extend trades towards the first main target at 149.65.
Expected trading range for today is between 147.20 and 148.45
Expected trend for today: Bullish
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