The GBPJPY provides a positive signal – Analysis – 23-8-2019

Economies.com
2019-08-23 09:24AM UTC

The GBPJPY pair surrendered to the positive pressures, to notice its rally above the initial resistance at 130.00, announcing delaying the negative attack, to begin the bullish correction in the near period.

 

We expect gathering a strong positive momentum by stochastic fluctuation near 80 level, which allows it to reaching towards the positive correctional station that are represented by 131.70 and 133.00.

 

The expected trading range for today is between 130.00 and 131.70

 

The expected trend for today: Bullish

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