The GBPJPY pair succeeded to end the bullish rally by hitting the target at 132.70, to form a strong barrier against it to begin the negative rebound as appears in the above image, we expect the continuation of the mixed fluctuation in the current period until gathering a new positive momentum then detect the pressure on the current resistance.
Note that the price success to breach the targeted resistance, so that will confirm its move to a new bullish track to begin recording new targets that might begin at 133.60 and 134.50.
The expected trading range for today is between 136.25 and 133.70
The expected trend for today: Bearish