The GBPJPY pair formed new negative attempt to attempt to hold below 23.6% Fibonacci correction level that forms the additional support at 140.40, also, stochastic provides new negative momentum by consolidating within the oversold areas to increase the chances of resuming the bearish attack that targets 139.10 followed by 138.40 levels.
The expected trading range for today is between 140.40 and 139.10
The expected trend for today: Bearish