GBPJPY is standing above the long-term uptrend line, but the short-term view seems to be neutral, finding strong resistance at 161.80. The RSI indicator is pointing slightly down in the bearish region, while the MACD is moving sideways below its trigger and zero lines. In trend indicators, the 20- and the 200-day simple moving averages […]
The post GBPJPY is in Neutral Bias with 161.80 Being Strong Obstacle appeared first on Action Forex.
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