Technical Analysis – GBPJPY finds strong resistance at 200-period SMA; decline is in progress
Posted on June 24, 2020 at 2:01 pm GMTGBPJPY has found strong resistance near the 200-period simple moving average (SMA) currently at 133.55, confirming the neutral move in the very short-term timeframe. Technical Analysis – GBPJPY finds strong resistance at 200-period SMA; decline is in progress GBPJPY has found strong resistance near the 200-period simple moving average (SMA) currently at 133.55, confirming the neutral move in the very short-term timeframe. The MACD oscillator is rising above the trigger line near the zero level, while the RSI is pointing south near the [..]