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The GBPJPY pair continued to provide new sideways trades below 150.80 barrier, to increase the chances of forming negative trades in the near term and medium term period, while confirming the negativity requires crawling below the moving average 55 to ease the attempt to reach 149.00 level that forms the first negative target.
In case the current resistance was breached and we got a positive close above it, that will open the way to form new bullish attack and target positive levels that start at 151.90 followed by 152.80.
In case the current resistance was breached and we got a positive close above it, that will open the way to form new bullish attack and target positive levels that start at 151.90 followed by 152.80.
