GBPJPY needs negative momentum – Analysis – 28-10-2016
Economies.com
2016-10-28 07:29AM UTC
There is no news for the GBPJPY price, due to its neediness to the negative momentum, to notice that it reached the initial resistance at Expected trading range for today is between 129.60 and 126.10 since this morning trading, note that surpassing this resistance will open the way towards testing 129.60 level before achieving any expected negative target.
The main suggestion will remain bearish if the main resistance at 129.60, to support our overview for the price attempt to record the initial target at 124.60 then extend the trading towards 120.90 level.
Expected trading range is between: 129.60 and 126.10
Expected trend for today: Fluctuated negatively
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