The GBPJPY exits the bullish track – Analysis – 29-11-2021
Economies.com
2021-11-29 07:42AM UTC
The GBPJPY pair continued to form negative trades recently, to notice breaking the bullish channel’s support line at 152.10 and confirm moving to the bearish track to record 150.70 level.
These factors confirm the continuation of the negativity, in addition to stochastic negative momentum signals, thus, we will keep suggesting the negative trades that might target 149.75 followed by 147.70 levels.
The expected trading range for today is between 152.25 and 150.00
The expected trend for today: Bearish
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