Category: Forex News, News
Natural gas price attempts to keep the positivity– Forecast today – 7-5-2025
The GBPJPY pair provided new negative trading, attempting to break the support of the sideways triangle at 190.85 level, but it bounced again towards 191.10, keeping its stability below the moving average 55.
While providing negative momentum by stochastic approach from 20 level makes us wait for confirming breaking the current support, which allows it to activate the negative attack, which might target 189.90 level reaching the next target at 189.20.
The expected trading range for today is between 189.90 and 191.50
Trend forecast: Bearish
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Written by : Editorial team of BIPNs
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