The GBPJPY pair succeeded to activate the bullish track, taking advantage of the stability of the major support at 187.00 to form many bullish waves by reaching the previously targeted barrier at 189.50.

 

Also, resuming the bullish attack this morning and recording additional gains by reaching 191.25 confirm its regain to the bullish bias, to expect getting positive momentum by stochastic to reach 192.30 level soon, followed by attempting to test the MA55 at 193.55.

 

The expected trading range for today is between 189.70 and 192.30

 

Trend forecast: Bullish