The GBPJPY hits the target – Analysis – 1-12-2021
Economies.com
2021-12-01 07:03AM UTC
The GBPJPY pair touched the first negative target at 149.70, to form good obstacle against the negative attack, which pushed it to form positive rebound and settle near 151.40.
We remind you that the bearish track will remain valid as long as the main resistance at 152.20 remains intact, also, stochastic attempt to provide the negative momentum allows us to suggest more negative trades until breaking 149.70 level to reach the next target at 149.05.
The expected trading range for today is between 152.00 and 149.70
The expected trend for today: Bearish
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