The GBPJPY pair kept its stability below the moving average 55 in yesterday’s trading, which forms an extra resistance at 144.85 to increase the chances to begin the suggested negative attack.
Stochastic stability within the oversold level confirms gathering a strong negative momentum, which makes us wait for recording the negative targets that are located at 143.70 and 142.10.
The expected trading range for today is between 144.85 and 143.70
The expected trend for today: Bearish