GBPJPY has been edging higher in the short term, posting a fresh three-month high of 167.50 on Thursday. Moreover, the ascending 50-day simple moving average (SMA) is positively closing the gap with the 200-day SMA, where a potential golden cross may help the pair extend its advance. The momentum indicators are endorsing a bullish near-term bias. Specifically, the RSI has flatlined […]
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