Technical analysis of GBP/JPY for November 09, 2017

GBP/JPY is expected to continue the upside movement. The pair posted a strong rebound last night, and is now above its 20-period and 50-period moving averages. The relative strength index has reversed up, and is displaying strong bullish momentum. In which case, as long as 148.90 holds on the downside, look for a continuation of […]