GBPJPY Extends Sideways Pattern Below 50-day SMA

<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 rebounded strongly from a 3-month low Gets stuck in a range after the 50-day SMA curbs advance RSI and MACD are hovering around their neutral regions GBPJPY had been in a prolonged uptrend since January, posting an eight-year high of 186.75 on August 22 before experiencing a pullback. Even though the pair staged a solid recovery, it […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/524904-gbpjpy-extends-sideways-pattern-below-50-day-sma/">GBPJPY Extends Sideways Pattern Below 50-day SMA</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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