Category: Forex News, News
The GBPJPY delays the decline– Forecast today – 8-5-2025
The GBPJPY pair announced delaying the bearish trading by its stability above the support of the sideways range at 190.75 level, recording some gains by its stability near 191.70, facing the moving average 55.
We expect providing mixed trading, noting that 192.45 level represents an extra barrier that might assist in renewing the negative attempts, to ease the mission of breaking the current support and begin targeting the negative stations that are located near 189.90 and 189.20.
The expected trading range for today is between 191.00 and 192.40
Trend forecast: Sideways
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Written by : Editorial team of BIPNs
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