The GBPJPY hits the target – Analysis – 16-10-2020
Economies.com
2020-10-16 08:33AM UTC
The GBPJPY pair ended its recent negative attack by recording 135.61 target, to form additional support against the bearish track and notice bouncing towards 136.25 now, while the current rebound won’t affect the bearish scenario depending on the stability of 136.60 barrier, to keep waiting to gather the negative momentum again followed by repeating the attempts to break 135.60 level in order to record new levels that might start at 134.85.
The expected trading range for today is between 136.60 and 135.60
The expected trend for today: Bearish
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