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Daily analysis of GBP/JPY for May 26, 2017

GBPJPYH4.png

Overview

The GBP/JPY pair repeated its fluctuations in the sideways range, which keeps it confined between the support at 143.30 and the resistance level at 145.45. Therefore, we will keep waiting for surpassing these levels to detect the main targets in the upcoming trading. Please review the previous report to determine the expected targets when breaking the main levels. The expected trading range for today is between 143.30 and 145.45.

The material has been provided by InstaForex Company - www.instaforex.com