GBPJPY has been trading sideways since the day it dived below the 20- and 40-day simple moving averages (SMAs) at 155.60 in the short-term, unable to close below the 200-day SMA and the 152.90 support. The momentum indicators, though, are currently encouraging that the sell-off may have found a bottom and the pair may be pushing […]
The post GBPJPY Seems to be Looking Weak within SMAs appeared first on Action Forex.
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