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    Thread: GBP/JPY Analysis

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      ArwaIbrahim is offline
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      GBP/JPY Analysis

      The GBP/JPY pair repeated the closings above the additional support of 184.25 to notice the beginning of forming bullish waves and settle near 185.60, assuring the importance of gathering the additional positive momentum soon to ease the mission of reaching the next target at 185.90 while surpassing it will ease the mission of achieving new gains that might extend towards 186.75 to press on the previously recorded high.

      Any attempt to decline below the mentioned support will postpone the positive rally and activate the correctional bearish track by gradually moving towards 183.70 and 183.10.

      The expected trading range for today is between 184.85 and 185.95.

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