The GBPJPY tends to resume the bullish correction – Analysis – 17-2-2020

2020-02-17 07:47:36 GMT (

The GBPJPY pair’s frequent stability above 142.30 level confirmed its preparation to renew the correctional bullish attempts that might target 143.80 followed by reaching 144.55 in the upcoming period.


We should note that attempting to crawl below 142.30 support would cancel the positive overview to start forming strong negative trades that might push the price to decline towards 140.25 to form the first negative station for the bearish bias.


The expected trading range for today is between 142.70 and 143.80


The expected trend for today: Bullish

More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.