GBPJPY Charts New High But With Caution

<p><img width="612" height="367" src="https://www.actionforex.com/wp-content/uploads/2022/12/f-gbp-jpy6.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2022/12/f-gbp-jpy6.jpg 612w, https://www.actionforex.com/wp-content/uploads/2022/12/f-gbp-jpy6-600×360.jpg 600w, https://www.actionforex.com/wp-content/uploads/2022/12/f-gbp-jpy6-150×90.jpg 150w, https://www.actionforex.com/wp-content/uploads/2022/12/f-gbp-jpy6-300×180.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>GBPJPY loses momentum after charting new high Downside moves likely; resistance within 188.00-189.00 area GBPJPY ascended almost vertically after touching its 200-day simple moving average (SMA) at the start of January, erasing its latest bearish wave to print a new higher high of 188.90 on Friday—the highest level since August 2015. The 188.00 round level remains […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/536033-gbpjpy-charts-new-high-but-with-caution/">GBPJPY Charts New High But With Caution</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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