Despite the GBPJPY pair’s frequent negative pressures yesterday, its stability above the bullish channel’s support line at 142.20 confirms the continuation of the positivity for the upcoming period.
We assure the importance of gathering new positive momentum to ease the attempt to jump above 143.80 followed by waiting to target new positive levels that might start at 145.60 and 147.45 levels.
The expected trading range for today is between 142.20 and 143.80
The expected trend for today: Bullish