The GBPJPY announces the negativity – Analysis – 22-3-2019

Economies.com
2019-03-22 10:13AM UTC

The GBPJPY pair didn’t get enough by testing the bullish channel’s support at 145.15, affected by extra negative pressures by forming extra negative trading and its stability out of the bullish range as appears in the above image, we notice the price fluctuation below 23.6% Fibonacci correction level that represented by 144.80 level, to increase the chances for forming a new negative attack to target 143.80 level reaching 142.30 in the upcoming period.

 

The expected trading range for today is between 145.15 and 143.80

 

The expected trend for today: Bearish

 

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