The GBPJPY pair repeatedly providing weak sideways trading by its fluctuating near 210.70 level, affected by the contradiction between the main indicators, while the negative stability below 211.30 barrier keeps the bearish correction scenario, which might target 209.70 level reaching 209.10 support.

 

Note that surpassing the barrier and holding above will confirm its readiness to renew the bullish attempts, to expect recording new gains by its rally towards 211.90 and 212.65.

 

The expected trading range for today is between 209.30 and 211.20

 

Trend forecast: Bearish