The GBPJPY pair surrendered to the stability of the barrier near 215.70, to force it delay the bullish trend and form some bearish corrective waves, to settle near 214.90.
Stochastics’ attempt to form negative momentum might push the price to resume the corrective attempts by reaching 214.55. Breaking this support will extend the trading towards 214.10, which means an extra support for the current trading.
The expected trading range for today is between 214.10 and 215.40
Trend forecast: Bearish
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