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Category: Forex News, News

The GBPJPY is under the negative pressure – Forecast today – 6-5-2025

Platinum price remains affected by the contradiction between the main indicators, which forces it to delay the negative attack by its repeated fluctuation above the extra support at $950.00, achieving some gains by reaching $973.00.

 

Reminding you that the stability of the price below $983.00 level, will increase the chances for renewing the negative trading in the current trading, to keep waiting for attacking the support at $950.00, while surpassing the barrier will cancel the negative suggestion, to open the way towards activating the bullish rally, which might target $1000.00 level initially.

 

The expected trading range for today is between $950.00 and $983.00

 

Trend forecast: Fluctuated within the bearish track

 

 

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