The GBPJPY pair didn’t succeed to provide a new bullish trading, affected by the stability of the resistance at 148.00, besides a clear contradiction between the main indicators until this momentum, note that the stability of the bullish channel’s support at 144.30 supports renewing the bullish attempts, to target 146.50 level reaching to the mentioned resistance.
While reaching below the main support will confirm exiting the bullish track, affected by strong negative pressures, to begin targeting new negative levels by reaching 143.10 and 142.30.
Expected trading range for today is between 144.30 and 146.50
Expected trend for today: Bullish