The GBPJPY pair continued to form additional negative trades to approach the first target at 143.70, confirming the surrender to the domination of the main bearish bias, while the stability of stochastic within the oversold areas, expecting to prepare to form additional negative attack to move towards the next target at 142.10.
We should note that the stability of the moving average 55 around 144.85 is important to increase the negative pressures and continue forming additional resistance until reaching the waited targets.
The expected trading range for today is between 144.40 and 143.00
The expected trend for today: Bearish