Technical analysis of GBP/JPY for April 07, 2017
GBP/JPY is under pressure. The pair is under pressure below the key resistance at 138.35, which should limit the upside potential. The 20-period moving average crossed below the 50-period one, which indicated a negative signal. The relative strength index is below its neutrality level at 50. Therefore, as long as 138.35 is not surpassed, expect […]