Technical Analysis – GBPJPY’s recent optimism attempts to turn tone bullish
GBPJPY’s recent up move from the 129.28 level appears to be finding difficulty in closing above the 200-period simple moving average (SMA) at 132.60 and the 133.00 handle. The flatness in the MACD and the blue Kijun-sen line reflect a stall in positive momentum, while the upward slopes in the red Tenkan-sen line and the […]