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The GBPJPY achieves the negative targets– Forecast today – 31-3-2026
The GBPJPY pair activated the negative scenario that comes from its fluctuation below the broken bullish channel’s support at 211.90 level, forming strong decline achieving the previous negative targets by reaching 210.20 level.
The contradiction between the main indicators might push the price to provide mixed trading, but its stability below 211.40 might help it to renew the negative attempts, to expect reaching 209.90 and 209.10.
The expected trading range for today is between 209.10 and 211.40
Trend forecast: Bearish
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