The GBPJPY suffers big losses – Analysis – 3-2-2023
Economies.com
2023-02-03 09:09AM UTC
The GBPJPY pair confirmed its surrender to the domination of the bearish bias by crawling below the additional support 158.60 yesterday, to notice suffering big losses by reaching 156.65.
Stochastic provides the negative momentum to increase the efficiency of the bearish track, to expect moving towards 156.10 soon, followed by repeating the pressure on 155.60 obstacle.
The expected trading range for today is between 157.60 and 156.10
The expected trend for today: Bearish
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