The GBPJPY regains the bullish attack – Forecast today – 30-4-2024
Economies.com
2024-04-30 05:33AM UTC
GBPJPY Pair Analysis
Expected Scenario
- The GBPJPY pair ended yesterday by providing a new positive close above the minor bullish channel’s resistance at 195.90, indicating its preparation to renew bullish attempts and reaching 197.05 this morning.
- Now, 195.90 forms the major support against bullish trades, allowing for the expectation of gathering positive momentum to form a strong bullish wave and target 197.75, followed by reaching 199.30 on a medium-term basis.
Expected Trading Range
Between 196.00 and 197.75.
Trend Forecast: Bullish
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