GBPJPY surged to a fresh six-week high of 165.70 earlier today, penetrating to the upside of the 163.55-163.85 area. The 20- and 200-period simple moving averages (SMAs) posted a bullish crossover, endorsing the strong bullish rally. The RSI indicator is rising in the overbought territory, while the MACD is strengthening the positive momentum above its trigger […]
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