GBPJPY gathers new momentum – Analysis – 20-6-2018

Economies.com
2018-06-20 07:13AM UTC

The GBPJPY pair succeeded to surpass the first negative target at 145.00 yesterday, confirming keeping the expected bearish bias domination, also, the stability of the initial resistance at 146.20 increases the negative pressures to agree stochastic reach to the oversold areas, providing new negative momentum, to keep waiting for more targets that start at 143.70 followed by 142.75.

 

Expected trading range for today is between 145.75 and 143.75

 

Expected trend for today: Bearish

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