The GBPJPY repeats the negative closings – Analysis – 2-4-2020
Economies.com
2020-04-02 08:19AM UTC
Despite the GBPJPY pair’s recent slow trades, getting frequent negative closings below 134.60 barrier reinforces our bearish overview, to notice recording 132.48 level.
Resuming the negative attack requires crawling below the initial support 132.06 and holding below it, to increase the chances of moving towards the main stations around 131.25 and 130.60 levels.
The expected trading range for today is between 133.85 and 132.06
The expected trend for today: Bearish
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