The GBPJPY pair still affected by the negative pressures, to notice its frequent stability below 151.20 barrier and start to record the negative targets by reaching 149.38 lately.
Also, stochastic provides the negative momentum to ease the mission of recording the first main target at 148.80, while surpassing it might extend losses towards 147.80 in the medium term period.
The expected trading range for today is between 150.30 and 148.20
The expected trend for today: Bearish