GBPJPY Recovers Some Ground after BoE Slump

<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" 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 slid below 50-day SMA after BoE surprise decision to hold rates steady Remains in a gentle downward path despite today’s bounce after BoJ leaves policy unchanged Will the short-term pullback extend? GBPJPY had been stuck in a prolonged uptrend since the beginning of the year, posting an eight-year high of 186.75 on August 22. However, [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/519892-gbpjpy-recovers-some-ground-after-boe-slump/">GBPJPY Recovers Some Ground after BoE Slump</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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