The GBPJPY prepares to resume the negativity – Analysis – 29-3-2019
Economies.com
2019-03-29 08:14AM UTC
The GBPJPY pair hinted the preparation to resume the negative attack by forming bearish wave, attempting to press on the moving average 55, as crawling below 144.30 level and providing negative close will increase the chances of recording the negative targets at 143.80 followed by 142.30.
We notice stochastic attempt to provide the negative momentum by fluctuating near 20 level, also, we expect 145.10 level to form additional resistance to confirm the preparation to form the negative attack in the upcoming period.
The expected trading range for today is between 145.10 and 143.80
The expected trend for today: Bearish
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