GBPJPY as per my 08 Nov analysis GBPJPY pair direction change after last week Friday, taking advantage of the additional support line stability at 197.328 and 197.565, to notice achieving the first additional down trend target at 196.863 and settling near it, price correctional negative rebound to target 197.822-197.488 levels. Once break the line 196.731 will continue go down to 195.682-195.382 area.
These factors allow us to suggest the correctional bearish bias for today.
The expected trading range for today is between 196.863.and 198.20