The GBPJPY increases the chances to decline – Analysis – 29-3-2021
Economies.com
2021-03-29 04:19AM UTC
The GBPJPY pair confirmed its affection by the domination of the correctional bearish bias by providing new negative close below 151.80 barrier today, to hinder the bullish rally and allow us to wait to record correctional negative targets in the near term and medium term period.
Succeeding to gather the negative momentum will force the price to decline towards 149.85 direct, followed by attacking 147.85 support line, to form the first main target of the bearish track.
The expected trading range for today is between 151.80 and 149.85
The expected trend for today: Bearish
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