In spite of the stability of the GBPJPY pair’s price within the bullish channel’s level, but its negative stability below 151.20 barrier supports the bearish correctional suggestion in the upcoming period.
The price success to gain extra negative momentum will allow it to target new negative levels that might begin at 148.80 reaching the initial extra support at 147.80.
The expected trading range for today is between 151.20 and 148.80
The expected trend for today: Bearish