The GBPJPY pair provided new negative close below 151.20 barrier yesterday, to notice renewing the negative trades and settle near 150.00.
Also, stochastic continues to provide the negative momentum by attempting to crawl below 50 level, to increase the chances of gathering the negative momentum, expecting to target 148.80 followed by 147.80 levels soon.
The expected trading range for today is between 150.80 and 148.80
The expected trend for today: Bearish