GBP/JPY 4H: Decline likely to continue

<p>The British Pound has declined by 463 basis points or 3.43% against the Japanese Yen since the beginning of May. The currency pair breached the weekly S1 and the monthly S2 near the 130.49 area on Thursday morning. Everything being equal, the GBP/JPY exchange rate could continue to trade bearish during the following trading sessions. […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/295202-gbp-jpy-4h-decline-likely-to-continue/">GBP/JPY 4H: Decline likely to continue</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Your email address will not be published.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 *