GBPJPY Stays in Bear Mode After 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" 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 finds support after sudden fall, but risks remain Bearish wave could gain new legs below 178 GBPJPY slumped suddenly to 10-week low of 178.00 on Tuesday in what looked to be a currency intervention from the Bank of Japan.The resistance-turned-support trendline from April 2022 halted the bearish action and lifted the price back to […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/521539-gbpjpy-stays-in-bear-mode-after-slump/">GBPJPY Stays in Bear Mode After Slump</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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