The GBPJPY pair remains stable clearly below the initial resistance at 150.80, confirming delaying the bullish rally, therefore, our sideways trading suggestion will remain valid due to the contradiction between the current resistance and 149.00 level, as it forms the initial support level against the current trading.
While breaching the current resistance and providing positive close above it, so that will open the way towards forming strong bullish attack, to target several positive levels that begin at 151.90 reaching to 152.80.
While breaching the current resistance and providing positive close above it, so that will open the way towards forming strong bullish attack, to target several positive levels that begin at 151.90 reaching to 152.80.
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