Forex

The GBPJPY attempts to regain the positivity – Analysis – 01-12-2020

2020-12-01 06:26:09 GMT (Economies.com)

The GBPJPY pair begins today by forming bullish rally, attempting to settle above 139.30 to increase the chances of regaining the bullish bias in the near term and medium term period, thus, we recommend waiting to get positive close above this barrier followed by starting to suggest the bullish trades to target 140.20 followed by reaching 141.00 extended resistance.

 

The expected trading range for today is between 139.00 and 140.20

 

The expected trend for today: Bullish

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