Technical Analysis – GBPJPY corrects Tuesday’s damage but still exposed to downside risks

GBPJPY recouped Tuesday’s downfall that led the price near the almost three-year low of 126.53 and the doji candle registered early in August. The positive movement, however, remains fragile and the market is still exposed to downside risks as the RSI continues to move below its 50-neutral mark and the MACD keeps fluctuating in the negative area and around […]