GBPJPY buyers have re-emerged around the 50-period simple moving average (SMA), shortly after the withdrawal of the pair from the 157.00 price vicinity. The gradual positive incline in the SMAs is underpinning upside moves in the pair. The short-term oscillators are transmitting weak and conflicting messages in directional momentum. The MACD has flatlined and is […]
The post GBPJPY Returns Below 157 Hurdle But Maintains Bullish Mood appeared first on Action Forex.
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