Technical Analysis – GBPJPY showing signs of weakness below 50-day MA but remains in 2-month range

GBPJPY is showing signs of weakness after falling below its 50-day moving average but the 2-month neutral trend remains intact. The market continues to consolidate in a range between 147 and 152 after pausing an uptrend at a high of 152.85 on September 21. RSI has fallen back below 50 into bearish territory, suggesting there is […]