The GBPJPY pair confirmed its surrender to the negative attempts by providing new negative close below the moving average 55 that represents key resistance at 146.15, also, stochastic starts to form new negative wave to assist to provide new negative momentum, waiting to decline towards the first negative station at 144.05, while breaking this obstacle will extend trades towards 143.35 followed by 142.60 in the upcoming period.
Expected trading range for today is between 146.15 and 144.05
Expected trend for today: Bearish