The GBPJPY repeats the test of the resistance – Analysis – 21-1-2021
Economies.com
2021-01-21 06:27AM UTC
The GBPJPY pair ended its recent positive rally by testing 142.35 resistance again followed by bouncing negatively towards 141.50, which confirms surrendering to the temporary sideways range represented by the current resistance and 140.65 support.
Therefore, we will stay neutral until the price succeeds to surpass one of these levels to manage to detect the next main targets.
The expected trading range for today is between 142.40 and 140.65
The expected trend for today: Neutral
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