GBPJPY posted two consecutive red days, meeting the 168.00 support, and is currently holding near the 20-day simple moving average (SMA). When looking at the bigger picture, the pair is bullish as it is standing above the long-term uptrend line and the 200-day SMA. From a technical perspective, the RSI is pointing upwards near the 50 level, while the MACD […]

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