No news for the GBPJPY pair despite the frequent stability above 191.80 support line, to notice its surrender to the stability of 194.30 resistance line in addition to stochastic negative momentum signals.

 

These factors confirm the price affection by the domination of the sideways bias, to provide mixed trades until breaching the resistance to manage to achieve additional gains by rallying towards 194.80 and 195.55 levels.

 

The expected trading range for today is between 192.80 and 194.30

 

Trend forecast: Bullish