The GBPJPY pair failed in activating the bearish corrective trend due to its neediness to the negative momentum, to settle above 212.80 level, to begin forming bullish waves to settle near 213.50 level.
The contradiction of the main indicators with the stability below 214.50 barrier might force the price to provide unstable mixed trading until gathering the required negative momentum to break 218.00 level, opening the way for reaching corrective stations that might begin at 212.35 and 211.80.
The expected trading range for today is between 212.60 and 213.95
Trend forecast: Fluctuating