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GBPJPY Switches to Losses Near 8-Year High

GBPJPY Switches to Losses Near 8-Year High
GBPJPY turned red after its one-week-old 3.2% rally reached an 8-year high of 186.45 near a trendline area. The longer-term ascending line from May 2021 and the shorter-term upward-sloping trendline from October 2022 cemented that ceiling, sending the price slightly lower on Thursday. The pair continued to weaken during Friday’s early European trading hours, heading towards […] The post GBPJPY Switches to Losses Near 8-Year High appeared first on Action Forex... Read More
Posted: Aug 18 2023, 08:27
Author Name: actionforex
Views: 111829

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