The GBPJPY settles near the initial target – Analysis – 26-9-2019

Economies.com
2019-09-26 07:33AM UTC

The GBPJPY pair surrendered to the negative pressures, to keep forming the bearish correctional trading, to settle near the initial target at 133.00 level, note that the continuation of stochastic provide to the negative momentum by its stability within the oversold level will increase the chances for resuming the decline, which will target the critical support at 132.30, then monitor the price behavior to detect the main trend in the futuristic trading.

 

The expected trading range for today is between 133.70 and 132.30

 

The expected trend for today: Bearish

 

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