The GBPJPY pair didn’t change anything since yesterday, to notice forming weak sideways moves by its stability near 215.10, affected by the stability of 215.50 barrier, which obstructs the chances of resuming the previously suggested bullish trend.

 

We recommend waiting for achieving the breach to confirm the chances of reaching the extra positive stations, which might begin at 216.35 and 216.85, while the failure of breaching it might force the price to activate the corrective attempts again, which forces it to suffer some losses by reaching 214.00 followed by 213.50 support.

 

The expected trading range for today is between 214.55 and 216.35

 

Trend forecast: Bullish