GBPJPY softly switched back into gains after two consecutive negative weeks following the bounce off a five-week low of 150.96 on Tuesday. The price is currently trying to extend its recovery above the 152.80 level, which is the neckline of the confirmed double top bearish formation. Notably, the supportive trendline drawn from the September 2020 low of 133.00 […]
The post GBPJPY Heads for Moderate Gains But Still Fragile appeared first on Action Forex.
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