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GBPJPY Bullish But Loses Steam ahead of 157 Barrier

Started by PocketOption, Feb 09, 2022, 02:33 pm

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PocketOption

GBPJPY Bullish But Loses Steam ahead of 157 Barrier

GBPJPY's positive drive has become feeble after its two-week rally stretched to the 156.71 level, just shy of the 157.00 handle. The climbing 50-period simple moving average (SMA) and its near bullish crossover of the ascending longer-term 200-period SMA suggests the short-term rally may endure a while longer. Currently, the Ichimoku lines are implying that […]


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