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The GBPJPY hovers near the target – Forecast today – 14-5-2024
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The GBPJPY hovers near the target – Forecast today – 14-5-2024
May 13, 2024 11:35 PM

GBPJPY Pair Analysis Expected Scenario The GBPJPY pair resumed its bullish rally yesterday, to move away from the additional support at 194.40, noticing its fluctuation near the first additional target at 196.50, noting that the continuous positive momentum coming by the major indicators allow us to keep the bullish overview, to expect the continuation of achieving the additional gains, waiting to reach 197.10 level soon followed by extending trades towards achieving the next main target at 197.90. Expected Trading Range Between 195.85 and 197.10

Trend Forecast: Bullish

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