The GBPJPY is weak – Analysis – 18-1-2022
Economies.com
2022-01-18 06:17AM UTC
The GBPJPY pair surrendered to the contradiction between the major indicators, to continue forming weak sideways trades and settle near 156.50 level, reminding you that the frequent negative fluctuation below 157.40 barrier forms major factor to confirm the domination of the correctional bearish bias, to keep waiting to decline towards 155.20 soon, followed by attempting to test the bullish channel’s support line at 154.60.
The expected trading range for today is between 156.90 and 155.20
The expected trend for today: Bearish
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