GBPJPY Retreats Under SMAs, Neutral Mode Returns

<p>GBPJPY has calmed just below the 50-day simple moving average (SMA) after the price reversed from the 139.72 mark back under all SMAs, thus reverting the pair to the previous neutral structure. Although the negative tone in the 50- and 100-day SMAs is intact, the sideways lingering in the former and the flattened state of […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/306472-gbpjpy-retreats-under-smas-neutral-mode-returns/">GBPJPY Retreats Under SMAs, Neutral Mode Returns</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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