The GBPJPY repeats the negative fluctuation – Analysis – 15-6-2022
Economies.com
2022-06-15 05:18AM UTC
The GBPJPY pair failed to renew the bullish rally, affected by the strength of the barrier at 164.80, which might push it to decline towards 161.35, announcing its surrender to the bearish correctional bias in the current period.
By the above image, we notice stochastic reach to 20 level, to provide extra negative momentum, providing chances for resuming the decline to expect reaching 160.80 and 160.20.
The expected trading range for today is between 162.70 and 165.60
The expected trend for today: Bullish by achieving the condition.
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