The GBPJPY repeats the negative closings – Analysis – 26-7-2021
Economies.com
2021-07-26 05:17AM UTC
The GBPJPY pair repeated the negative closings below 152.20 barrier, to increase the chances of forming correctional bearish trades, assuring the importance of gathering the negative momentum to ease the mission of recording the negative targets near 151.20 and 150.20 levels.
We remind you that succeeding to breach the current barrier and holding above it will increase the chances of regaining the bullish bias, to start forming strong bullish waves in order to reach new positive stations that might start at 153.00 and 153.90.
The expected trading range for today is between 152.20 and 151.00
The expected trend for today: Bearish
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