Despite the GBPJPY pair forming sideways trading recently, its negative stability below the main resistance 143.75 confirms surrendering to the bearish bias domination, while stochastic attempt to form new negative wave confirms the preparation to gather new negative momentum and increase the chances of reaching 141.45 followed by 140.40 levels.
The expected trading range for today is between 142.80 and 141.45
The expected trend for today: Bearish