The GBPJPY suffers some losses – Analysis – 4-7-2022
6 months ago

The GBPJPY pair activated the bearish correction by crawling below 164.60, to suffer clear losses by reaching 161.60, achieving some targets, while the contradiction between the major indicators might push the price to form temporary sideways fluctuation until gathering the additional negative momentum that might assist to resume the decline, to expect reaching 160.70 and 159.55 levels.


The expected trading range for today is between 164.30 and 162.00


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The expected trend for today: Bearish

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