Technical Analysis – GBPJPY eyes upper boundary of 2-month sideways market

GBPJPY is currently improving off the 143.80 level, which is the 23.6% Fibonacci retracement of the up move from 130.42 to 147.95. The near completion of the bullish crossover of the 200-period simple moving average (SMA) by the 50-period one seems to have further aided in the very short-term incline from February 10 that bounced […]