Monday, December 16, 2019
Home > GBP/JPY (Page 6)
GBP/JPY 17/08/18 | EconAlerts

Technical Analysis – GBP/JPY turns negative

GBP/JPY turns negative in the short-term after bouncing off 20-SMA. GBP/JPY rebounded from the almost one-year low of 139.88 that is recorded on August 15 and challenged the 20-simple moving average (SMA) in the 4-hour chart. However, the pair pared some of Thursday’s gains and the momentum indicators are supportive of a weakening picture. The RSI indicator is moving slightly lower in

Read More