Technical Analysis – GBPJPY pauses upside rally below 1-month peak

GBPJPY looks to be mostly neutral after an ascent from the three-and-half-year low of 124.00 that returned the price back above the 135.70 hurdle, overcoming the Ichimoku cloud. The short-term oscillators reflect a stall in the positive momentum. The MACD, in the positive area, has moved near the zero level, while the RSI slipped below […]