The GBPJPY pair activated with the negative pressure yesterday that comes from the stability below the resistance at 200.70 besides providing negative momentum by stochastic, approaching few points from the initial negative target at 198.40.

The continuation of gathering the negative momentum will ease the mission of resuming the bearish correctional attack, to reach 198.10 then attempts to press on 61.8%Fibonacci correction level at 197.45, while the price success in stepping above 199.80 will cancel the bearish suggestion, providing a chance for renewing the bullish attempts in the upcoming period.

The expected trading range for today is between 198.10 and 199.40

Trend forecast: Bearish

Platinum price affected by new bearish pressure due to stochastic reach to the oversold level, forming a new decline and attacking the support of the sideways track at $1302.00.

Note that the stability of moving average 55 near the barrier at $1342.00 will increase the bearish pressure on the trading, reinforcing the chances for breaking the current support and begin forming new bearish waves, to expect suffering extra losses by reaching $1281.00 reaching 38.2%Fibonacci correction level at $1255.00.

The expected trading range for today is between $1300.00 and $1342.00

Trend forecast: Bearish

The (ETHUSD) price settled low in its last intraday trading, after breaking the key support at $4,150, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of bearish correctional wave on the short-term basis and its trading alongside a bias line that reinforces the stability of this track, especially with the emergence of the negative signal on the (RSI), after it succeeded in offloading its oversold conditions in its previous trading, opening the way for recording more of the losses.

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The (Brent) price declined in its last intraday trading, after it attempted to offload some of its clear oversold conditions on the (RSI), especially with the emergence of the positive signals, amid the continuation of the negative pressure due to its trading below EMA50, and under the main bearish trend and its trading alongside a minor supportive bias line, reinforcing the negative pressure around the price.

VIP Trading Signals Performance by BestTradingSignal.com (August 11–15, 2025)

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Check full VIP signals performance report for the week of August 11–15, 2025: Full Report