The GBPJPY provides mixed trading– Analysis – 15-11-2022
Economies.com
2022-11-15 05:25AM UTC
The GBPJPY pair began providing mixed trading, affected by the contradiction of the main indicators to settle near 165.15, the chances for resuming the bearish correctional attack remain valid by stochastic attempt to provide negative momentum besides the repeated stability below 166.75 level.
Therefore, we will keep waiting for forming new bearish wave to reach below the moving average 55 near 163.90, which eases the mission of reaching the correctional stations at 163.00 and 162.65.
The expected trading range for today is between 165.60 and 163.30
The expected trend for today: Bearish
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