GBPJPY has been gaining ground in the last few daily sessions after its sideways pattern was broken forcefully to the upside. Even though the pair managed to jump above both its 50-day simple moving average (SMA) and the descending trendline taken from its recent peaks, its advance currently appears to be running out of steam. […]
The post GBPJPY Pauses Advance, But Retains Bullish Short-Term Bias appeared first on Action Forex.
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