The GBPJPY pair provided clear negative trades recently, to notice its stability near the first targe tat 149.50, affected by stochastic negativity in addition to the stability of 151.80 resistance.
Therefore, we will continue to suggest the negative trades for the near term and medium term period, expecting to continue facing negative pressures and reach 147.85 followed by 146.00 levels.
The expected trading range for today is between 150.30 and 148.00
The expected trend for today: Bearish