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GBP/JPY 18/01/19 | EconAlerts

Technical Analysis – GBP/JPY hovers around 1-month high

GBP/JPY hovers around 1-month high; positive in the short-term. GBP/JPY has been advancing considerably for three days in a row, reaching a fresh one-month high of 142.20 during yesterday’s trading session. The price jumped above the strong obstacle of the 50.0% Fibonacci of 141 of the down-leg from 149.50 to 132.50, while it also surpassed the 20- and 40-simple

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