The GBPJPY surrenders to the indicators’ negativity – Analysis – 20-3-2023
Economies.com
2023-03-20 05:41AM UTC
The GBPJPY pair kept its negative consolidation recently below the MA55, to form additional barrier at 162.30 in order to reinforce the previously suggested bearish bias domination, noticing that the price fluctuates near the first negative target at 160.20, while getting more negative momentum by the major indicators will increase the chances of reaching the additional stations that might start at 159.70 followed by reaching the additional support at 158.60.
The expected trading range for today is between 161.50 and 159.70
The expected trend for today: Bearish
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