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26.05.201715:59 Forex Analysis & Reviews: Daily analysis of GBP/JPY for May 26, 2017

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 26.05.2017 analysis

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.

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