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GBPJPY Eases for the Fourth Straight Day; Neutral Bias

Started by PocketOption, Sep 16, 2022, 03:11 pm

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PocketOption

GBPJPY Eases for the Fourth Straight Day; Neutral Bias

GBPJPY is retreating for the fourth consecutive red day, following the pullback from the 167.50 resistance level. Currently, the market is neutral in the medium-term, as it failed several times to post a higher high above the more-than-six-year peak of 168.65. The pair is approaching the recent bullish crossover within the 20- and 50-day simple […]


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