GBPJPY bounces off the hourly MAs over the last 3 trading days
There is a strong ceiling above too.
The GBPJPY has seen the price action move up and down over the last 4 days of trading.
Looking at the hourly chart, the highs (actually going back to January 13) has formed a strong ceiling between 142.188 and 142.32. The last two highs – today and last Wednesday –
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