The GBPJPY awaits the break – Analysis – 9-4-2019

Economies.com
2019-04-09 06:41AM UTC

No news for the GBPJPY pair until this moment despite its stability within the bearish channel, affected by the strength of the moving average 55 that continues to form additional support at 144.60, to face the previously waited negative attack.

 

Therefore, we will keep waiting to gather new negative momentum to manage to achieve the required break and start touching the negative levels located at 143.80 followed by 142.30 in the upcoming period.

 

The expected trading range for today is between 146.50 and 144.60

 

The expected trend for today: Fluctuated within the Bearish range

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