GBPJPY Recedes from New Highs

<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 starts a new brief bearish cycle after fresh highs Support at 185.60, but sellers need to drive deeper to change outlook GBPJPY switched into corrective mode, erasing half of its weekly wins after almost approaching the November 15, 2015 peak of 188.80. The doji candlestick, along with the negative reversals in the RSI and […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/527875-gbpjpy-recedes-from-new-highs/">GBPJPY Recedes from New Highs</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>