Forex

The GBPJPY begins to record targets – Analysis – 17-7-2019

2019-07-17 06:41:43 GMT (Economies.com)

The GBPJPY pair ended the silence by forming strong bearish wave, recording some expected targets by reaching 133.95 level, while this negative attack appeared after breaking 135.00 obstacle, to continue waiting to record new negative targets until touching the bearish channel’s support line at 133.15.

 

Stochastic approach to 20 level supports the continuation of the negativity by providing new negative momentum to increase the chances of reaching the suggested main target.

 

The expected trading range for today is between 135.00 and 133.15

 

The expected trend for today: Bearish

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