The GBPJPY sleeps – Analysis – 6-4-2020

Economies.com
2020-04-06 05:44AM UTC

The GBPJPY pair hinted entering sideways track confined between 134.60 and 132.40 level that keeps blocking the bearish attempts and keeps forming sideways trades until this moment.

 

Note that the bearish scenario depends on the strength of 134.60 barrier, to continue suggesting the negative attempts until crawling below 132.05 level in order to reach the next negative station at 130.60.

 

The expected trading range for today is between 133.85 and 132.06

 

The expected trend for today: Bearish

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