The GBPJPY settles below the barrier – Analysis – 4-3-2021
Economies.com
2021-03-04 06:16AM UTC
No change to the GBPJPY pair’s sideways track, as it keeps moving within tight track between 149.60 resistance and 147.85 support.
Now, we might start suggesting the negative fluctuation conditioned by the stability of the mentioned barrier, to expect targeting 147.85 level initially, while surpassing it might extend trades towards 145.95 in the upcoming period.
The expected trading range for today is between 149.60 and 148.00
The expected trend for today: Bearish
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