The GBPJPY hits the second target – Analysis – 22-9-2023
Economies.com
2023-09-22 06:51AM UTC
The GBPJPY pair formed new negative attack yesterday, taking advantage of the frequent stability below 183.20 level, to notice recording the second negative target by declining towards 180.75 followed by forming some correctional bullish rebound by moving towards 182.00.
Note that the frequent stability below 183.20 barrier and stochastic attempt to provide the negative momentum allow us to keep the negative overview, to expect targeting 180.40 level soon, followed by attempting to press on the additional support 179.35.
The expected trading range for today is between 182.40 and 180.40
The expected trend for today: Bearish
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