The GBPJPY pair still needs positive momentum until this moment, which forces it to form sideways fluctuated moves by its stability near 201.70 support level, which represents the key of detecting the expected trend in the near trading, as its stability makes us expect motivating the bullish trend, which might target 202.55 level reaching 203.85 barrier.

 

While breaking the current support and providing negative close below it will force it to activate the bearish correctional track, which forces it to suffer extra losses by reaching 201.10, reaching the next support at 200.45.

 

The expected trading range for today is between 201.70 and 203.00

 

Trend forecast: Bullish