The GBPJPY hovers around the initial support – Analysis – 15-7-2021
Economies.com
2021-07-15 05:58AM UTC
The GBPJPY pair returned to fluctuate near the initial support 151.80 due to stochastic stability below 80 level, to hinder the previously expected bullish rally.
The continuous stability above the current support allows us to expect the beginning of gathering the positive momentum, to manage to form bullish rally and repeat the attempts to reach 153.40 followed by pressing on 154.40 barrier in order to confirm the continuation of the positivity for the upcoming trading.
The expected trading range for today is between 151.80 and 154.50
The expected trend for today: Bullish
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