Technical Analysis – GBPJPY puts upward pattern in standby mode

GBPJPY sat on the sidelines after confirming the start of an uptrend by creating a higher low at 127.45 and a higher high at 130.68 in the four-hour chart. The pair is likely to stay uneventful in the short-term as the RSI and the Ichimoku indicators are flattening and the MACD is rising slowly. However, the fact […]