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GBPJPY Crosses Below 50-day SMA as Bearish Bias Strengthens

GBPJPY Crosses Below 50-day SMA as Bearish Bias Strengthens
GBPJPY has experienced a steep uptrend since late September, with the price gaining almost 15% and posting a fresh 6½-year high of 172.10. However, the pair has declined moderately from its recent peak and has been trading below its 50-day simple moving average (SMA) in the last couple of sessions. The momentum indicators currently suggest that bearish […] The post GBPJPY Crosses Below 50-day SMA as Bearish Bias Strengthens appeared first on Action Forex... Read More
Posted: Dec 2 2022, 12:34
Author Name: actionforex
Views: 102138

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