The GBPJPY pair provided a new bearish close below 211.30 level, to confirm its surrender to the bearish corrective bias to target 210.30 level to settle near it.
Stochastic attempt to exit the overbought level might increase the negative pressures on the trading today, to keep preferring the corrective trend, which might target 209.75 and 209.30 level before any attempt to renew the bullish attack.
The expected trading range for today is between 209.75 and 211.20
Trend forecast: Bearish
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