Technical analysis of GBP/JPY for May 9, 2017
GBP/JPY is expected to continue its upside movement. The pair remains above both 20-period and 50-period moving averages, and is likely to continue its rebound. And the relative strength index is still above its neutrality area at 50, and is positively oriented. As long as 146.10 is not broken down, a further advance is preferred […]