The GBPJPY pair ended the negative movement by reaching 207.60 level, to begin activating with stochastic positivity to rally towards 209.30 directly, to press on the barrier to find an exit to end the negative scenario in the current trading.

 

Note that providing positive close for the upcoming four hours above 209.15 level is important to confirm its readiness to begin bullish attack, to expect targeting 210.65 level initially, to extend the trading towards 211.70, while the failure to breach it will force the price to form new bearish waves to reach 208.25

 

The expected trading range for today is between 209.00 and 210.65

 

Trend forecast: Bullish