The GBPJPY pair kept its negative stability below the initial resistance 130.00, to increase the efficiency of the negative scenario, noticing the beginning of forming negative trades by settling at 129.10.
These factors allow us to suggest more negative attempts, expecting to move towards 128.25 level, while breaking this barrier might extend trades towards the first main target at 126.50.
The expected trading range for today is between 130.00 and 128.25
The expected trend for today: Bearish