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GBPJPY Trades Sideways After Massive Decline Pauses
GBPJPY had been in an uptrend since late September, with the price posting a fresh 6½-year high of 172.10. However, after a period of consolidation, the pair experienced a huge downward spike on the back of the BoJ’s surprise decision and has been rangebound since then. The momentum indicators suggest that bearish forces are intensifying. […] The post GBPJPY Trades Sideways After Massive Decline Pauses appeared first on Action Forex...
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Posted: Dec 23 2022, 08:24
Author Name: actionforex
Views: 110473