The GBPJPY keeps the negativity – Analysis – 29-6-2020
Economies.com
2020-06-29 05:10AM UTC
The GBPJPY pair succeeded to crawl below 132.50 level, to increase the efficiency of the expected bearish track, noticing stochastic approach to 20 level to ease the mission of gathering the additional negative momentum to provide chances to renew the pressure on 130.65 support line.
Note that attempting to breach 133.70 barrier will postpone the negative attack to start bouncing bullishly to target 134.55 followed by 136.05 levels before recording any new negative target.
The expected trading range for today is between 133.00 and 130.80
The expected trend for today: Bearish
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