GBPJPY regains its negativity – Analysis – 15-2-2019
Economies.com
2019-02-15 08:33AM UTC
The GBPJPY pair ended its bullish rebound by forming negative wave, to break the moving average 55 and reinforce the continuation of the suggested negativity, while we will depend on 142.40 forming additional resistance to increase the chances of reaching 140.45 that will form the first negative target of the bearish bias, and breaking this barrier will extend trades towards 139.60 in the upcoming period.
The expected trading range for today is between 142.40 and 140.45
The expected trend for today: Bearish
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