Technical Analysis – GBPJPY bulls likely to keep control; descending trendline in focus
GBPJPY is surrounded by positive vibes on the daily chart, increasing optimism that there is more room for improvement in the market. The bulls geared up to seven-month highs and further above the upward-sloping 20-day simple moving average (SMA) after the price hit support around the upper surface of the narrow bullish rectangle. Oscillators are […]