No change to GBPJPY negativity – Analysis – 12-12-2018
Economies.com
2018-12-12 07:26AM UTC
The GBPJPY pair remains stable within the negative range if the resistance settles at 143.00, to notice the price attempt to provide new negative trading by recording 141.20 level, we expect resuming the negative attack by gaining new negative momentum to reach below 140.90 level, then wait for reaching the main target at 139.65.
The continuation of stochastic fluctuation near 20 level increases the chances for gaining the required negative momentum to resume the suggested negative attempts.
Expected trading range for today is between 142.40 and 140.90
Expected trend for today: Bearish
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