The GBPJPY pair ended yesterday’s trading by providing positive close above 214.50 barrier, announcing its readiness to readiness to renew the bullish attempts by reaching 215.00 level, providing positive momentum by stochastic will keep our bullish scenario, which might target 215.30 level, surpassing it will make the next target at 215.75 in he current trading.

 

While the attempt of activating the bearish corrective trend requires forming several negative waves, to settle below the extra support at 213.30.

 

The expected trading range for today is between 214.40 and 215.75

 

Trend forecast: Bullish