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GBPJPY Pulls Back from Fresh 7-Year High

GBPJPY Pulls Back from Fresh 7-Year High
GBPJPY was stuck in an uptrend since the beginning of the year and generated a new seven-year high of 172.31 last Tuesday. Although the recent completion of a golden cross between the 50-day simple moving average (SMA) and the 200-day SMA induced bullish pressures, the pair experienced a downside correction. The short-term oscillators currently suggest […] The post GBPJPY Pulls Back from Fresh 7-Year High appeared first on Action Forex... Read More
Posted: May 5 2023, 08:43
Author Name: actionforex
Views: 081879

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