Technical Analysis – GBPJPY sharp sell-off continues at 3-month low near 140.00

GBPJPY has maintained aggressive selling movement over the last sessions, recording a new three-month low of 140.10 earlier today. The bearish structure in the very short-term is confirmed by the technical indicators, which are hovering in the oversold zone. The MACD is extending its negative tendency well below trigger and zero lines, while the RSI […]