Technical Analysis – GBPJPY maintains weak bias in near term; broader trend is neutral since September rally stalled

GBPJPY has been underperforming in the past two days, breaking back below the key 150.00 level. When looking at the bigger picture the pair lacks a clear trend and has been consolidating after its rally from 141.34 stalled at 152.85. On the 4-hour chart, prices rebounded off the lower Bollinger band around 149.00 but based […]