The GBPJPY keeps declining – Analysis – 20-07-2021
Economies.com
2021-07-20 04:54AM UTC
The GBPJPY pair didn’t get enough by testing the extra support at 150.40, surrendering to the main indicators negativity by surpassing this support and suffering extra losses by reaching 149.33.
In spite of the stability of the price within the bullish channel’s levels until this moment, but the negative fluctuation below 150.40 makes us prefer more of the bearish correctional attempts, attempting to reach 148.60 then testing the critical support at 147.55.
The expected trading range for today is between 150.40 and 148.60
The expected trend for today: Bearish
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