The GBPJPY crawls calmly – Analysis – 17-6-2019

Economies.com
2019-06-17 07:27AM UTC

The GBPJPY pair confirmed keeping the domination of the bearish bias by forming clear negative crawl recently, to reach 136.40 level and move away from 138.50 resistance, while stochastic current consolidation within the oversold areas increases the chances of gathering new negative momentum to agree our expectations to reach the next negative station at 135.50.

 

The expected trading range for today is between 137.30 and 135.50

 

The expected trend for today: Bearish

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