The GBP/JPY pair didn’t move yesterday to provide sideways fluctuation near 185.30, attempting to face stochastic negativity, reminding you that the bullish trend depends on the stability of the additional support at 184.25, allowing us to wait to gather the additional positive momentum to ease the mission of reaching the positive stations at 185.95, while surpassing this obstacle will push the price to 186.75 as the next main target.
On the other hand, declining below 184.25 and providing a negative close below it will activate the disciplinary bearish track, and we can expect to suffer losses by moving towards 183.60 and 182.90 before reaching any new positive target. The expected trading range for today is between 184.65 and 185.95.
