Daily analysis of GBP/JPY for June 08, 2017

Overview The GBP/JPY pair was forced to provide intraday positive rebound yesterday to be affected by stochastic sudden rally towards the overbought areas, but the price consolidation below 143.30 barrier allows us to continue suggesting the negative domination until moving towards 38.2% Fibonacci correction level around 140.20. The moving average 55 decline below the mentioned […]