The GBPJPY records the correctional targets – Analysis – 16-09-2020
Economies.com
2020-09-16 05:05AM UTC
The GBPJPY pair remains surrounded by negative factors, to confirm its readiness to form a strong bearish attack in the near period, to target 134.80 reaching to 133.86 level.
the fluctuation of the moving average 55 below the critical resistance at 137.50 besides forming a barrier at 136.70 by 50% Fibonacci correction as represent the confirming factors for the bearish bias domination.
The expected trading range for today is between 136.70 and 134.80
The expected trend for today: Bearish
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