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The GBPJPY is weak– Forecast today – 22-5-2025
The GBPJPY pair continued forming temporary negative trading, announcing its surrender to stochastic negativity, noticing by the above image its approach from the moving average 55, which attempts to form extra support near 192.10 level.
The continuation of forming main support at 191.20 makes us wait for gathering the positive momentum, which allows it to activate the bullish track to target 193.60 level initially, then attempts to press on the barrier at 194.60.
The expected trading range for today is between 192.00 and 193.60
Trend forecast: Fluctuated
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