No change to the GBPJPY track – Analysis – 3-4-2020

Economies.com
2020-04-03 08:54AM UTC

The GBPJPY pair was affected by some positive pressures yesterday, caused by stochastic rise to the overbought areas, to block the negative attack by consolidating near 133.40 level, while the negative stability below 134.60 resistance confirms the continuation of the negativity to keep waiting to decline towards 132.06, while surpassing it will push the price to record new negative targets that might extend to 130.60.

 

The expected trading range for today is between 133.85 and 132.06

 

The expected trend for today: Bearish

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