Technical analysis of GBP/JPY for May 10, 2017
GBP/JPY is expected to trade with bullish bias above 146.80. The pair is posting a pullback and is currently testing the support of its 50-period moving average. Meanwhile the 20-period moving average is above the 50-period one, and the relative strength index is around its neutrality area at 50, lacking downward momentum. As long as […]