The GBPJPY pair couldn’t settle for lone time above the breached resistance, to be traded with clear negativity and head towards achieving more of the expected decline in the upcoming sessions, targeting 149.85 level mainly.
Therefore, the bearish bias will be preferred unless breaching 151.95 and holding above it.
The expected trading range for today is between 150.30 and 152.00
The expected trend for today: Bearish