GBPJPY Buyers Dominate after Bounce on MAs

<p>GBPJPY has recorded eight consecutive green candles after rebounding off the simple moving averages (SMAs), but the positive drive has diminished significantly following the breach of the 156.00 level. Nonetheless, the gradual incline in the SMAs, is suggesting that the neutral-to-bullish mood remains active. The short-term oscillators mirror the bullish demeanour in the pair but […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/428198-gbpjpy-buyers-dominate-after-bounce-on-mas/">GBPJPY Buyers Dominate after Bounce on MAs</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *