No change for GBPJPY pair’s bullish track, due to its stability above 213.30 level, keeping its stability within the minor bullish channel levels, to notice recording 214.55 level on Friday, which forces it to provide mixed trading to reinforce the chances of gathering extra positive momentum.

 

Stochastic stability within the overbought level will reinforce the chances of targeting extra positive stations, to reach 215.00 to attempt to reach the next main target near 215.72, while the decline below 213.30 and providing negative close will force it to provide bearish corrective trading by reaching 212.60 and 212.05. 

 

The expected trading range for today is between 213.50 and 215.00

 

Trend forecast: Bullish