The GBPJPY pair succeeded to hold above 137.11 level, to form strong support against the correctional bearish trades, noticing the beginning of providing bullish waves by touching 137.95 level, while stochastic exit from the oversold areas will support our bullish overview by providing the positive momentum to increase the chances of recording additional targets that might extend to 138.80 followed by 139.40.
The expected trading range for today is between 137.00 and 138.80
The expected trend for today: Bullish