The GBPJPY hits the target – Analysis – 24-11-2020
Economies.com
2020-11-24 06:44AM UTC
The GBPJPY pair formed strong positive rally yesterday to notice moving towards the target 139.40, facing 61.8% Fibonacci correction level, while the price might form some sideways fluctuations until breaching the current obstacle to open the way to target new levels that might start at 139.90 and 140.65.
The stability of the current barrier against the rally might force the price to form mixed sideways trades, to expect moving between the current barrier and 138.40.
The expected trading range for today is between 138.40 and 139.90
The expected trend for today: Bullish
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