The GBPJPY still bearish – Analysis – 26-4-2021

2021-04-26 05:36:56 GMT (Economies.com)
 

Despite the GBPJPY pair’s recent weak trades, its negative stability below 151.80 resistance and stochastic continuous negative momentum signals agree the continuation of the previously suggested negativity.

 

We expect to crawl towards 148.70 now, and surpassing this level will extend trades towards the first main target at 147.80, followed by monitoring the price behavior due to the importance of this level to detect the next main trend.

 

The expected trading range for today is between 150.30 and 147.85

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1311
0.0040
0.3589%
1.3325
0.0015
0.1119%
Tadawul
10810.60
-60.02
0.55%
22.928
-0.117
0.508%
69.471
-2.930
4.047%
73.85
0.41
0.56%
1790.925
5.835
0.327%
 
 
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