GBPJPY gets ready to decline – Analysis – 11-4-2017

Economies.com
2017-04-11 06:59AM UTC

The GBPJPY price returned to provide new negative trading by its stability below 137.60 level, to announce the continuation of the bearish bias domination, and to move away from the main resistance at 139.10 for today, therefore, we will keep waiting until gathering the negative momentum again, which opens the way for achieving several negative targets by reaching 136.35 then extend the losses to 135.05 level.

 

Expected trading range for today is between 138.10 and 136.35

 

Expected trend for today: bearish.

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