No change to the GBPJPY pair’s correctional bearish track until this moment, as it remains stable negatively below the additional resistance at 151.80, also, stochastic provides the negative momentum will increase the chances of achieving the negative targets at 152.20 and 148.70.
On the other hand, rallying above the current resistance and holding above it will cancel the negative overview to expect forming strong bullish attack and target many positive levels by moving towards 153.00 and 153.80 levels.
The expected trading range for today is between 152.00 and 150.20
The expected trend for today: Bearish