GBPJPY Bullish Near the Top of a Short-term Range

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<p>GBPJPY meets former resistance after quick bounce Technical signals endorse a bullish breakout GBPJPY pivoted swiftly near its 200-day simple moving average (SMA) and recovered a three-week-old soft downturn but despite that, it&#8217;s still struggling to exit the short-term range above the tough 50-day SMA at 183.90. The technical indicators are feeding optimism that buying [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/534078-gbpjpy-bullish-near-the-top-of-a-short-term-range/">GBPJPY Bullish Near the Top of a Short-term Range</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>