The GBPJPY still below the barrier – Analysis – 17-3-2021
Economies.com
2021-03-17 06:23AM UTC
The GBPJPY pair attempted to provide some correctional bearish trades yesterday by reaching 150.80, to rebound towards 151.90 barrier again, reminding you that it is important to hold below this barrier to reinforce the correctional bearish attempts that might target 150.40 followed by reaching the initial support at 149.40.
Note that attempting to breach the current barrier and holding above it will push the price back to the bullish track and provide the chances to record more gains by reaching 152.90 and 153.60 levels.
The expected trading range for today is between 152.00 and 150.40
The expected trend for today: Bearish
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