The GBPJPY pair faced difficulty to confirm the positivity due to the strength of the additional barrier at 151.85, to force the price to decline towards 150.45 again, expecting to form mixed sideways trading, noting that crawling below 149.40 will confirm its preparation to renew the correctional bearish attempts that might target 147.80 initially.
On the other hand, succeeding to hold above 151.80 will increase the chances of reaching new positive levels that might start at 152.90 and 154.10.
The expected trading range for today is between 151.80 and 149.50
The expected trend for today: Fluctuated negatively