The GBPJPY moves away from the resistance – Analysis – 2-6-2021
Economies.com
2021-06-02 05:16AM UTC
The GBPJPY pair formed strong bearish wave yesterday to move away from the bullish channel’s resistance at 156.25, suffering some losses by recording 154.75 level.
Also, stochastic exit from the overbought areas will increase the chances of gathering the negative momentum, to manage to continue the correctional bearish attack and target 154.40 followed by 153.00 levels.
The expected trading range for today is between 155.75 and 154.40
The expected trend for today: Bearish
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