Expected Scenarios
- GBPJPY pair consolidates within bullish channel
- Positive momentum from major indicators
- Weak trading due to 194.15 level acting as barrier
- Stability above 193.00 crucial for additional positive momentum
- Potential stations near 194.95 and 195.70
Trading Range
The expected trading range for today is between 193.00 and 194.95.
Trend Forecast
Bullish