GBPJPY - Technical Analysis: Tuesday, 11/12/2018 06:37 GMT
The GBPJPY pair’s continuous move inside the descending channel indicates the continuation of the decline, and it touched our expected target at 141.40, while the mentioned channel supports the chances of breaking this level and heading towards 137.40.
Surpassing 144.60 will push the price to achieve positive level that start t 148.00 then 151.64.
Trend
Bearish