GBPJPY is lacking direction in the very short-term timeframe as is has been consolidating above the 38.2% Fibonacci of the down leg 144.95-124.00 at 132.00 and the 135.80 resistance over the last month. It is noteworthy that, the 20- and 40-day simple moving averages (SMAs) are turning lower after their bullish crossover in the previous […]