The GBPJPY has to decline – Forecast today – 29-3-2024

Economies.com
2024-03-29 06:12AM UTC

GBPJPY Pair Forecast for Today - 29-3-2024

The GBPJPY pair still confined with many negative factors by leaning below 192.40 barrier frequently, in addition to stochastic negative momentum signals.

These factors confirm the preparation to form strong bearish waves now, to keep waiting to target the additional support soon at 190.15, while breaking it will open the way to resume the decline, waiting to touch 189.55 level followed by reaching the next negative target 189.05.

Expected Trading Range for Today:

  • Between 191.55 and 190.15

Trend Forecast:

Bearish

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