Technical analysis of GBP/JPY for November 02, 2017

Our both targets which we predicted in Yesterday’s analysis has been hit. GBP/JPY is expected to trade with bullish outlook above 150.80. The pair is striking against the upper Bollinger band while being supported by both the 20-period and 50-period moving averages. The relative strength index is well placed above the neutrality level of 50, […]