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GBPJPY Eyes More Downside Pressure Medium Term

Posted By FXTechstrategy 1394 days ago on Business

http://www.fxtechstrategy.com - GBPJPY: Having extended its broader medium term downtrend on Wednesday, GBPJPY eyes more downside pressure medium term. On the downside, support comes in at the 164.00 level where a violation will aim at the 163.00 level. A break below here will target the 162.00 level followed by the 161.00 level. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely, resistanceContinue reading

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