Technical analysis of GBP/JPY for February 7, 2018
GBP/JPY is expected to trade with a bullish outlook. Despite the pair breaking below its 20-period and 50-period moving averages, it is still trading above the key support at 152.05, which should limit the downside potential. Even though a continuation of consolidation cannot be ruled out, its extent should be limited. To conclude, as long […]