The GBPJPY repeats the fluctuate below the resistance – Analysis – 25-1-2021
Economies.com
2021-01-25 06:24AM UTC
The GBPJPY pair still stable negatively below the bullish channel’s resistance at 142.45, to reinforce the chances of forming correctional bearish trades and target s 141.00 and 140.35 levels.
On the other hand, attempting to breach the current resistance and holding above it will confirm moving into new bullish track, to increase the chances of recording the additional positive targets that might start at 143.70 and 145.00 levels.
The expected trading range for today is between 142.45 and 140.35
The expected trend for today: Bearish
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