Forex

The GBPJPY provides positive signal – Analysis – 26-11-2020

2020-11-26 06:11:51 GMT (Economies.com)

The GBPJPY pair succeeded to provide positive stability above 139.40 yesterday, to ease the mission of resuming the bullish attempts, waiting to achieve additional targets by moving towards 140.10 followed by reaching the bullish channel’s resistance at 140.80.

 

Note that succeeding to surpass the targeted resistance will reinforce the domination of the bullish bias, to provide the price to test the previously recorded top at 142.70.

 

The expected trading range for today is between 139.00 and 140.80

 

The expected trend for today: Bullish

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