The GBPJPY approaches the barrier – Analysis – 29-4-2021

Economies.com
2021-04-29 05:24AM UTC

The GBPJPY pair continued to form positive rebound to approach 151.80 barrier, reminding you that this barrier will force the price to renew the correctional bearish attempts to expect suffering many losses that might start at 150.20 and 148.70.

 

On the other hand, succeeding to breach the current barrier and holding above it will bring the price back to the bullish track, to increase the chances of recording new positive targets that might start at 152.90 and 153.70.

 

The expected trading range for today is between 151.80 and 150.20

 

The expected trend for today: Bearish

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