The GBPJPY pair provided new negative close by settling below 137.35 that forms the extension of the broken support to confirm the continuation of the previously suggested negativity, also, stochastic reach to the oversold areas will provide the price with new negative momentum to manage to continue the decline to target new negative levels that might start at 134.80 followed by reaching 38.2% Fibonacci correction level at 133.68.
The expected trading range for today is between 136.60 and 134.80
The expected trend for today: Bearish