The GBPJPY pair took advantage of its positive stability above 136.65 to notice forming strong positive rally and surpass the first target at 138.60, touching 139.20 level, while the price consolidation within the bullish channel forms the main factor to continue the positivity and expect moving towards 139.70 level soon, while surpassing this level will push the price towards the second main target at 140.85.
The expected trading range for today is between 137.70 and 140.00
The expected trend for today: Bullish