The GBPJPY suffers some losses – Analysis – 24-9-2019
Economies.com
2019-09-24 07:01AM UTC
The GBPJPY pair surrendered to the repeated negative pressures that comes from stochastic reach to the oversold level, which forces it to form a bearish wave, surpassing the moving average 55 to settle near 133.40.
And that confirms the price surrender to the bearish correctional trading, the continuation of suffering negative pressures makes us expect suffering extra losses that might extend to 133.00 and 132.40.
The expected trading range for today is between 134.10 and 133.00
The expected trend for today: Bearish
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