The GBPJPY attempts to test the additional support – Analysis – 22-6-2020
Economies.com
2020-06-22 05:13AM UTC
The GBPJPY pair resumed its negative trading on last Friday affected by stochastic negativity, to record 131.75 level, reminding you that the negative fluctuation below 38.2% Fibonacci correction level at 133.60 confirms the continuation of the negativity, to keep waiting to reach the additional support at 131.00 followed by monitoring the price behavior due to the importance of this barrier to detect the next targets.
The expected trading range for today is between 133.05 and 131.00
The expected trend for today: Bearish
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