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GBPJPY Flirts With short-Term SMAs after Declining Move

Started by PocketOption, Oct 07, 2022, 07:12 pm

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PocketOption

GBPJPY Flirts With short-Term SMAs after Declining Move

GBPJPY is posting a bearish correction after the 11% gain and the rebound off the 26-month low of 148.80. Currently, the price is testing the 20- and 50-day simple moving averages (SMAs) and slightly lower the 200-day SMA is acting as significant support. The RSI is consolidating near the 50 level, while the MACD is […]


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