GBPJPY Consolidates After Pullback Pauses

<p><img width="612" height="373" src="https://www.actionforex.com/wp-content/uploads/2018/08/f-gbp-jpy3-e1603424361695.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/08/f-gbp-jpy3-e1603424361695.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/08/f-gbp-jpy3-e1603424361695-600×366.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>GBPJPY slid below 50-day SMA last week after BoE’s unexpected decision to hold rates steady Found its feet at the lower end of the Ichimoku cloud and has been directionless since then Are the bulls ready to re-take charge? GBPJPY had been stuck in a prolonged uptrend since January, posting an eight-year high of 186.75 on August […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/520841-gbpjpy-consolidates-after-pullback-pauses/">GBPJPY Consolidates After Pullback Pauses</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>