The GBPJPY surrendered to the barrier strength – Analysis – 27-8-2019

Economies.com
2019-08-27 06:31AM UTC

The GBPJPY pair remains affected by the strength of 130.65 barrier, to notice forming several bearish waves, to keep its stability near 129.10 level, and stochastic reach below 50 level reinforces the negative suggestion by providing a new negative momentum, to keep waiting for reaching to the negative stations at 128.00 level reaching to the support at 126.50.

 

The expected trading range for today is between 130.60 and 128.00

 

The expected trend for today: Bearish

 

 

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