The GBPJPY declines slowly – Analysis – 30-1-2023
4 months ago

The GBPJPY pair renews the negative waves to move away from the additional barrier 162.10, noticing its crawl towards 160.25 now to confirm its surrender  to the domination of the bearish bias as suggested previously.


Stochastic attempt to provide the negative momentum will support the chances of resuming the decline, to press on 159.40 obstacle followed by extending trades towards the next target at 158.60.


The expected trading range for today is between 161.00 and 159.30


The expected trend for today: bearish

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