GBP/JPY Analysis

[Uritron]

The GBP/JPY pair succeeded in surpassing the 184.25 barrier on Friday and holding above it to notice recoding the first main target at 185.20. In contrast, the main stability within the main bullish channel and getting positive momentum from the major indicators allow us to suggest more positive attempts to target 185.90 as the next station for the bullish rally, followed by reaching the recently recorded high at 186.76. The expected trading range for today is between 184.50 and 185.90.

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