GBPJPY’s Appreciation Finds Some Footing From SMAs, Indicators Seem Weak

<p>GBPJPY is turning slightly lower over the last few days touching the 40-day simple moving average (SMA) and the 50.0% Fibonacci retracement level of the down leg from 144.95 to 124.00 at 134.48. Technically, the RSI indicator is challenging the neutral threshold of 50, while the MACD entered the positive territory but it travels with […]</p>
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