The GBPJPY gets negative momentum – Analysis – 4-10-2019
Economies.com
2019-10-04 05:44AM UTC
Despite the GBPJPY pair’s forming sideways trading, its stability below 132.30 resistance besides the continuous negative momentum signals coming by the major indicators will confirm the attempt to form negative attack in the near term and medium term period.
Therefore, we will keep our bearish overview that targets 130.65 followed by 128.80 levels to confirm building negative channel in the upcoming period.
The expected trading range for today is between 132.30 and 130.65
The expected trend for today: Bearish
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