The GBPJPY pair did not care to stochastic positivity by providing frequent negative closings below 130.00, noticing its decline to approach the first negative target at 128.25.
Note that succeeding to gather new negative momentum and crawling below the current obstacle will open the way to target many negative levels to expect moving towards 126.50 and 123.25 levels in the upcoming period.
The expected trading range for today is between 129.20 and 127.00
The expected trend for today: Bearish