The GBPJPY awaits to reinforce the negativity – Analysis – 21-5-2019

Economies.com
2019-05-21 07:07AM UTC

The GBPJPY pair was affected by 139.55 level forming additional obstacle to face the continuation of the previously suggested negativity, while the continuous negative closing below 140.40 will increase the chances of achieving the required break to reinforce the negative attack that targets 139.10 followed by 138.40 levels.

 

We remind you that attempting to rally above 140.40 will postpone the bearish attack to force the price to build some bullish correction by moving towards 141.20 followed by 142.15 levels.

 

The expected trading range for today is between 140.40 and 139.10

 

The expected trend for today: Bearish

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