The GBPJPY is weak – Analysis – 7-2-2023
Economies.com
2023-02-07 07:36AM UTC
Despite the GBPJPY pair’s correctional rally towards 159.90, that won’t affect the main bearish track, to notice the attempt to form new negative fluctuation and consolidating near 158.80.
We expect to attempt to form additional barrier at 160.30 and gathering the additional negative momentum to form strong bearish waves that might push it to reach 157.30 and 156.65.
The expected trading range for today is between 160.00 and 158.20
The expected trend for today: Bearish
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