The GBPJPY continues to record the negative targets – Analysis – 2-8-2019
Economies.com
2019-08-02 07:34AM UTC
The GBPJPY pair resumed its negative attack to notice reaching 130.00 target recently, attempting to settle below it to resume the negative attack soon, while 130.00 level forms new resistance to allows us to suggest reaching 128.25 followed by 126.50 levels.
The stability of stochastic within the oversold areas supports the continuation of the negativity for now by providing new negative momentum and increases the chances of recording the mentioned targets.
The expected trading range for today is between 130.00 and 128.25
The expected trend for today: Bearish
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