The GBPJPY fluctuates below the resistance – Analysis – 19-2-2021
Economies.com
2021-02-19 08:09AM UTC
No change to the GBPJPY pair’s bearish track that depends on the stability of 147.85 resistance, to keep waiting to crawl towards 146.00 that forms the first correctional target of the bearish track.
Note that any attempt to breach the current resistance and holding above it will cancel the temporary negative overview, to allow the price to resume the bullish attack and extend trades towards 148.80 followed by 150.60 levels in the upcoming period.
The expected trading range for today is between 147.85 and 146.00
The expected trend for today: Bearish
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