GBPJPY has been consolidating over the past month after reaching a 7½-month high of 183.99 on July 5, but the negative risks appear to be accumulating. The worsening short-term bias is supported by the momentum oscillators. The RSI is sloping downwards, dipping slightly below the 50 neutral level, while the MACD remains below its red […]
The post GBPJPY Holds Near Highs Amid Weakening Bullish Bias appeared first on Action Forex.
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