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The GBPJPY confirms the positivity – Forecast today – 13-5-2024
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The GBPJPY confirms the positivity – Forecast today – 13-5-2024
May 12, 2024 11:35 PM

GBPJPY Pair Analysis Expected Scenario The GBPJPY pair kept its stability within the bullish channel, to notice surpassing 194.20 barrier and record some additional gains by targeting 195.25 and settling near it. The contradiction between the major indicators might force the price to provide temporary sideways fluctuation until gathering the positive momentum, to ease the mission of breaching 195.75 level and resume recording the gains in the upcoming period by rallying towards 196.50 followed by 197.90 levels. Expected Trading Range Between 194.50 and 196.50

Trend Forecast: Bullish

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