Technical Analysis – GBPJPY sellers take control in the medium-term picture
GBPJPY is attempting to push below the 50-day simple moving average (SMA) and swing low residing at the 141.40 and 141.15 levels respectively. The negative move seems to be aided by the momentum indicators and the slight downturn in the 20-day SMA. The short-term oscillators reflect a pause in the market but lean towards a […]