Introduction The GBPJPY set lost its bullish momentum after reaching 138.80 as stochastic tried to
exit the overbought area, which might require the price to move downwards to check 136.80 levels, waiting to acquire bullish momentum and test the primary resistance at 140.40. In basic, the bullish summary will remain valid as long as the discussed preliminary assistance stays undamaged as a break of it will increase negative pressure on the price making it decrease to the moving typical 55 at 134.35. The expected trading variety for today is between 136.80 and 140.40. The material has actually been supplied by InstaForex Business – www.instaforex.com