GBP/JPY is expected to continue the downside movement. The pair broke below its rising 50-period moving average as well as an ascending trend line and is consolidating. The 20-period moving average is turning down, while the relative strength index is below its neutrality level at 50. As long as 146.30 holds on the upside, look […]

GBP/JPY is expected to continue the downside movement. The pair broke below its rising 50-period moving average as well as an ascending trend line and is consolidating. The 20-period moving average is turning down, while the relative strength index is below its neutrality level at 50. As long as 146.30 holds on the upside, look […]