The GBPJPY settles with temporary positivity – Analysis – 4-12-2020
Economies.com
2020-12-04 09:47AM UTC
The GBPJPY pair formed temporary sideways fluctuation recently by settling near 139.90 level, attempting to get new positive momentum and manage to renew the bullish attempts that target 140.50 followed by reaching 141.10 extended resistance.
Note that attempting to crawl below the initial support 139.330 will postpone the bullish attack, expecting to suffer some losses by crawling towards 138.50 and 137.00 levels.
The expected trading range for today is between 139.30 and 141.10
The expected trend for today: Bullish
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