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The GBPJPY fluctuates below the resistance – Forecast today – 15-4-2025
No change for the GBPJPY pair’s track by its repeated stability below the resistance at 189.85, waiting for gathering negative momentum that allows it to activate the bearish attack by reaching below 38.2%Fibonacci correction level at 187.85, to repeat the pressure on the obstacle at 186.50.
Note that breaching the current resistance and holding above it, so that will confirm the decline of the current trading, to expect achieving several gains by its rally to 190.50 initially, reaching the extra barrier at 191.55.
The expected trading range for today is between 187.85 and 189.45
Trend forecast: Bearish
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