Technical analysis of GBP/JPY for December 18, 2017
Our first target which we predicted in our previous analysis has been hit. GBP/JPY is still under pressure. The pair retreated from 151.70 and broke below its 20-period and 50-period moving average. The relative strength index is calling for another decline. The upside potential should be limited by the key resistance at 151.05. To sum […]