The GBPJPY keeps the negative stability – Analysis – 10-10-2019
Economies.com
2019-10-10 08:37AM UTC
The GBPJPY pair ended its last fluctuation by providing negative close below the moving average 55, affected by the strength of 23.6% Fibonacci correction level at 131.70, to reinforce the negative domination in the upcoming trading.
We expect begin forming a new negative trading by gaining a new negative momentum to press on 130.40 level, in order to move to a new bearish track, to target the next target at 128.80.
The expected trading range for today is between 131.70 and 130.40
The expected trend for today: Bearish
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