The GBPJPY pair formed strong bearish correction recently to notice surpassing the first target at 149.40, to confirm its preparation to record more targets.
We remind you that it is important to hold below the additional barrier at 150.50 to confirm blocking trades within the correctional bearish track, to expect moving towards 147.80 as a second station for the bearish bias.
The expected trading range for today is between 150.00 and 147.80
The expected trend for today: Bearish