Technical Analysis – GBPJPY hits new 19-month high; bearish correction is possible

GBPJPY surged sharply higher this week and during today’s trading session it reached a fresh 19-month high of 156.60. Prices have broken above the 156.00 handle for the first time since June 2016. The bullish picture in the short-term chart is further supported by the technical indicators. From the technical point of view, the Relative […]