The GBPJPY needs new momentum – Analysis – 26-3-2019
Economies.com
2019-03-26 07:46AM UTC
The GBPJPY pair did not succeed to form any new negative attack due to the lack of the negative momentum, to move between 145.65 resistance and the initial support 144.75.
In general, the negative overview will remain valid as long as the price is below the broken support line of the bullish channel, expecting to gather new negative momentum to start targeting new negative levels that might start at 143.80 followed by 142.30 level that will form the main target of the medium term trades.
The expected trading range for today is between 145.65 and 143.80
The expected trend for today: Bearish
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