GBPJPY Appears To Pause Before Snowballing Negative

<p>GBPJPY although presently finding temporary footing, faded back below the restricting 50-day simple moving average (SMA) currently around 132.32 over the past week. Aiding the forthcoming negative price action are the short-term oscillators and the near completion of a bearish crossover of the 200-day SMA by the 100-day one. The MACD, in the negative region, […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/295481-gbpjpy-appears-to-pause-before-snowballing-negative/">GBPJPY Appears To Pause Before Snowballing Negative</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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