GBPJPY surpasses the first target – Analysis – 25-10-2018
Economies.com
2018-10-25 06:30AM UTC
The GBPJPY pair formed strong negative attack yesterday, confirming the affection by the bearish bias domination and notice surpassing the first negative target at 144.80, while the stability within the bearish channel confirms the preparation to achieve additional levels that might start at 143.75 followed by 141.85 levels.
Stochastic reach to the oversold areas reinforces the negative overview by providing the required additional negative momentum to resume achieving the targets.
Expected trading range for today is between 145.10 and 143.75
Expected trend for today: Bearish
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