The GBPJPY pair repeatedly provided negative closes below 213.00 level, forcing it to provide mixed trading by reaching 211.90 as previously expected, this decline will not threaten the bullish scenario, depending on the continuation of forming extra support at 210.60 level, which makes us wait for gathering positive momentum, to activate the attempts of breaching the barrier and targeting new positive stations that might extend towards 214.20 and 215.00.

 

While breaking 210.60 level and holding below it might force it to form strong decline, which forces it to suffer several losses by reaching 209.80 and 209.10.

 

The expected trading range for today is between 211.80 and 213.00

 

Trend forecast: Fluctuating within the bullish trend