The GBPJPY fails to confirm the break – Analysis – 11-6-2021
Economies.com
2021-06-11 06:39AM UTC
The GBPJPY pair failed to confirm breaking 154.40 support line to rebound positively towards 155.10 and postpone the previously suggested correctional bearish attack, also, stochastic approach to 50 level confirms postponing the negative attempts to start suggesting the bullish rally, with chances to reach the previously recorded top at 156.05.
On the other hand, breaking the current support and holding below it will confirm forming strong negative trades to target the previously suggested stations at 153.00 and 151.90.
The expected trading range for today is between 154.80 and 156.00
The expected trend for today: Bullish
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