GBPJPY rose to one-month high on Monday and generated initial signal of bullish continuation on probe above the top of month-long range (192.16) reinforced by 200DMA. Firm break here to confirm signal and open way for fresh upside, with immediate target at 194.10 (50% retracement of 208.11/180.09 downtrend), violation of which to unmask next barriers […]
The post GBPJPY – Probe Above Pivotal 200DMA Generating Initial Signal of Bullish Continuation appeared first on Action Forex.
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