The GBPJPY fluctuates within the bullish track – Forecast today – 23-4-2024

GBPJPY Pair Price Analysis

Expected Scenario

• The GBPJPY pair provided more mixed trades due to the continuous contradiction between the major indicators, to notice testing the bullish channel’s support line at 190.30 followed by forming some bullish waves, to settle near 191.15.
• Note that it is important to gather the positive momentum to ease the mission to breaching the MA55 that forms solid obstacle against the bullish rally by consolidating near 191.60, to open the way to resume the main bullish attack and reach the additional station that might start at 192.00 and 192.85.

Expected Trading Range

Between 190.65 and 191.90.