The GBPJPY still negative – Analysis – 4-5-2021
Economies.com
2021-05-04 05:54AM UTC
The GBPJPY pair continued to fluctuate near the additional resistance 151.80, attempting to gather the required additional negative momentum to activate the expected correctional bearish track, reminding you that the first negative target is located at 150.20, and surpassing it might extend trades towards 148.70.
We remind you that succeeding to breach the current resistance and holding above it will cancel the correctional bearish overview to expect forming strong bullish attack and target many positive levels by moving towards 153.00 and 153.80 levels.
The expected trading range for today is between 152.00 and 150.20
The expected trend for today: Bearish
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