GBPJPY inched lower to seek support near the 20-day simple moving average (SMA) early on Friday after getting rejected again around June’s descending trendline, which looks to be part of a symmetrical triangle. The symmetrical triangle formation is considered a neutral trend signal. Therefore, traders may adopt a wait and see approach as the price is near to complete the […]
The post GBPJPY Pares Gains Within Triangle appeared first on Action Forex.
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