The GBPJPY repeats the negative closings – Analysis – 27-10-2020

Economies.com
2020-10-27 05:21AM UTC

The GBPJPY pair kept its negative stability within the bearish channel to notice moving away from the main resistance 137.20, to increase the chances of recording the negative targets by crawling towards 135.60 and 135.10 levels.

 

Stochastic continuous fluctuation below 50 level will increase the chances of gathering the negative momentum to manage to form new negative waves until recording the suggested targets.

 

The expected trading range for today is between 137.00 and 135.60

 

The expected trend for today: Bearish

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