No news for the GBPJPY pair, as it continues to lack the positive momentum, forcing it to provide more sideways trading by consolidating at 148.45 level, reminding you that the bullish scenario will remain valid as long as 147.35 support line remains intact, to decrease the chances of turning back to the negative track that appears on the chart.
Therefore, we will keep waiting to gather the required positive momentum to resume the bullish attack, reminding you that the main targets located at 149.65 followed by 150.45.
Expected trading range for today is between 147.90 and 149.65
Expected trend for today: Bullish