The GBPJPY moves within tight range – Analysis – 14-6-2021

Economies.com
2021-06-14 05:17AM UTC

The GBPJPY pair ended its recent trades by providing new negative close below 155.50, to move within tight track represented by this resistance and 154.30 support line.

 

Also, the contradiction between the major indicators confirms surrendering to the domination of the sideways bias, to stay neutral until surpassing one of these levels to manage to confirm the expected targets for the upcoming period.

 

The expected trading range for today is between 155.50 and 154.30

 

The expected trend for today: Sideways

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