The GBPJPY repeats the negative closings – Forecast today – 25-3-2024

Economies.com
2024-03-25 05:19AM UTC

The GBPJPY pair kept its negative stability below 192.15 barrier, confirming its surrender to the domination of the previously suggested bearish bias and noticing touching some negative targets by reaching 190.33 level recently.

 

We notice stochastic decline below 50 level, to increase the negative pressures on the price by providing the negative momentum, allowing us to suggest declining below 190.15 and target new correctional stations that might start at 189.50 and 189.05.

 

The expected trading range for today is between 191.30 and 190.15

 

Trend forecast: Bearish

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