Technical analysis of GBP/JPY for October 05, 2017
The pair is under pressure below the key resistance at 149.60. The relative strength index has been capped by a declining trend line since October 4. The British Pound rebounded after a two-day decline, as the IHS Markit/CIPS Purchasing Managers’ Index rose to 53.6 in September from 53.2 in August. Therefore, as long as 149.60 […]