The GBPJPY pair continued to provide slow sideways trades due to the continuous contradiction between the major indicators, to postpone the correctional bearish track temporarily, reminding you that the frequent stability below the main resistance at 155.40 and 154.80 level forming additional barrier against the current trades allow us to keep the correctional bearish overview, which might target 153.00 initially, followed by reaching 151.80.
The expected trading range for today is between 154.80 and 153.00
The expected trend for today: Bearish