The GBPJPY keeps the negativity – Analysis – 8-4-2020
Economies.com
2020-04-08 08:30AM UTC
The GBPJPY pair faced some positive pressures yesterday that pushed it to fluctuate above 134.60 resistance temporarily and rebounds negatively to settle within the negative range as appears on the chart.
Therefore, we will keep our bearish overview as long as 134.60 barrier remains intact, to notice the beginning of getting negative momentum signals by stochastic to ease the mission of reaching 133.40 followed by 132.06 targets.
The expected trading range for today is between 134.60 and 132.06
The expected trend for today: Bearish
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