The GBPJPY pair keeps its positive stability by consolidating above 147.50 support, to increase the chances of resuming the bullish attack in the near term and medium term period, while stochastic begins to provide positive momentum to allow us to wait touching 149.65 level, as surpassing this barrier will extend trades towards 38.2% Fibonacci correction level at 150.43.
Expected trading range for today is between 147.50 and 149.65
Expected trend for today: Bullish