The GBPJPY keeps its negative stability – Analysis – 16-9-2021
Economies.com
2021-09-16 05:24AM UTC
The GBPJPY pair settles below the resistance line and below the moving average 55, to keep the negative pressure valid for the upcoming period, waiting to head towards 149.85 mainly.
Holding below 151.95 keeps the bearish trend valid, noting that breaking the targeted level will push the price to start correctional bearish wave on the short term and medium term basis.
The expected trading range for today is between 150.30 and 152.00
The expected trend for today: Bearish
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