The GBPJPY pair exited the sideways range by crawling below 154.30 support line, to surpass the correctional negative targets due to reaching 152.45.
We expect to target 151.80 level due to 153.45 level forming additional barrier against the bearish trades in addition to stochastic additional negative momentum signals.
The expected trading range for today is between 153.60 and 151.80
The expected trend for today: Bearish