The GBPJPY pair confirmed its surrender to the bearish bias domination by its repeated stability below the resistance at 137.45, besides its fluctuation below 50% Fibonacci correction level at 136.65.
stochastic reach to the oversold level provides a new negative momentum that confirms the attempt of resuming the negative attack that might target 134.80 level reaching to the support at 133.68.
The expected trading range for today is between 136.70 and 134.80
The expected trend for today: Bearish