The GBPJPY pair provided more negative closings recently below 194.10 barrier, hinting its surrender to the domination of the bearish bias to notice crawling towards 190.20 this morning and record some negative targets mentioned in our previous report.

 

Note that the negative momentum coming by the major indicators will increase the chances of attacking 189.50 support line, while breaking it will confirm its preparation to resume the negative attack until reaching 188.15 followed by reaching the next support at 187.55.

 

The expected trading range for today is between 189.50 and 192.00

 

Trend forecast: Bearish