GBPJPY has experienced some large moves in the short term, with the price losing around 10% before it recovers back above the 160.00 mark. Moreover, the technical picture is currently endorsing the resumption of the rebound as the pair has forcefully crossed above the ascending 200-day simple moving average (SMA). The momentum indicators suggest that […]
The post GBPJPY Rebounds Swiftly from its Sharp Drop as Bias Turns Bullish appeared first on Action Forex.
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