The GBPJPY seeks additional momentum – Analysis – 21-6-2019
Economies.com
2019-06-21 08:09AM UTC
The GBPJPY pair provided many negative closings below 136.60 level, which forms additional resistance against the negative attempts, while lacking the positive momentum caused by stochastic fluctuation near 50 level forms major factor to surrender to the sideways bias domination temporarily until gathering strong negative momentum in the near term period.
We remind you that the waited negative targets begin at 135.30 followed by 134.00.
The expected trading range for today is between 136.60 and 135.30
The expected trend for today: Bearish
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