GBPJPY is currently fixed at the 136.94 level, that being the 61.8% Fibonacci retracement of the down leg from 144.94 to the 41½-month low of 123.97. The pair’s retreat from the fresh three-month high of 139.73 seems may edge towards the 50-period simple moving average (SMA) and the Ichimoku cloud. This is also reflected by […]