Technical Analysis – GBPJPY’s postponed rally attempts to resume gains

GBPJPY is in the process of breaking above the 136.93 level – that being the 61.8% Fibonacci retracement of the down leg from 144.94 to the 41½-month low of 123.97 – and the nearby 137.19 barrier. The pick up in price is starting to be reflected in the Ichimoku lines and the short-term oscillators. The […]