The GBPJPY repeats the negative closes– Analysis – 25-9-2019
Economies.com
2019-09-25 06:52AM UTC
The GBPJPY pair kept its negative stability below the moving average 55 at 134.15, to increase the chances for resuming the suggested bearish correction, gathering a new negative momentum makes us expect providing a clear negative pressure on 133.00 level and breaking it will extend the trading towards testing the critical support at 132.40.
Stochastic attempt to reach the oversold level will increase the chances for gaining the negative momentum, to repeat the attempts to reach the mentioned negative targets.
The expected trading range for today is between 134.10 and 133.00
The expected trend for today: Bearish
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