The GBPJPY pair failed to resume the correctional decline due to the stability of the additional support at 154.40, to force it to form sideways fluctuation.
We remind you that it is important to hold below 156.80 key resistance, along with 155.80 level forming additional barrier, allowing us to wait to achieve the required break and manage to achieve the negative targets at 153.00 and 151.90 levels.
The expected trading range for today is between 155.80 and 154.00
The expected trend for today: Bearish