The GBPJPY postpones the bearish attack – Analysis – 28-4-2021
Economies.com
2021-04-28 05:42AM UTC
The GBPJPY pair postponed the bearish attack by forming correctional bullish rebound, approaching 151.80 resistance, while the upcoming scenario depends on the strength of this resistance to expect starting to gather the additional negative momentum to target the waited negative levels at 150.20 and 148.70.
On the other hand, succeeding to surpass the resistance and holding above it will reinforce the domination of the bullish track again, to increase the chances of reaching towards the positive stations at 152.90 and 153.70.
The expected trading range for today is between 151.80 and 150.20
The expected trend for today: Fluctuated within the bearish track
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