• Welcome to forex.pm forex forum binary options trade. Please login or sign up.
 

GBPJPY’s Bearish Tone Intact Despite Bounce off 200-MA

Started by PocketOption, Feb 25, 2022, 03:59 pm

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

PocketOption

GBPJPY's Bearish Tone Intact Despite Bounce off 200-MA

GBPJPY has stabilized around the 100-day simple moving average (SMA), currently within the Ichimoku cloud, after the latest pullback from the more than five-year ceiling recorded a rebound off the 200-day SMA, which overlaps with the Ichimoku cloud's floor. That said, the SMAs continue to endorse a neutral-to-bullish trend preference in the pair. The blue […]


The post GBPJPY’s Bearish Tone Intact Despite Bounce off 200-MA appeared first on Action Forex.


Source: GBPJPY's Bearish Tone Intact Despite Bounce off 200-MA