Technical analysis of GBP/JPY for July 28, 2017

GBP/JPY is expected to trade with a bullish outlook. The pair broke above its 20-period and 50-period moving averages and accelerated on the upside. The relative strength index is bullish above its neutrality level at 50 and lacks downward momentum. The rising 20-period moving average crossed above the 50-period one, which is positive and is […]