Despite the GBPJPY pair’s attempt to end the domination of the minor bearish channel, the frequent negative fluctuation below 130.65 confirms the continuation of the negativity for the upcoming period, expecting to gather new negative momentum to start recording the targets that start at 126.50 and 124.55.
The expected trading range for today is between 130.00 and 126.50
The expected trend for today: Bearish