The GBPJPY pair lost the bullish momentum yesterday after recording 219.25 level, which forces it to activate the attempts of gathering gains, forming some negative corrective trading by reaching 218.45.

 

The price keeps forming corrective trading, attempting to test 217.90 level reaching the bullish channel’s support at 217.65, it will not affect the main bullish scenario, depending on forming main support at 216.30 level against the bullish trading.

 

The expected trading range for today is between 217.90 and 219.20

 

Trend forecast: Fluctuating within the bullish trend.