Technical Analysis – GBPJPY unlocks new 6-week low; bearish structure in play
GBPJPY has tumbled to a fresh six-week low of 143.46, falling back below the 145.00 handle. The aggressive selling interest started after the pullback on the 149.50 resistance level on October 8, and the pair is set to record the fifth consecutive red day. The RSI indicator is confirming the strong negative structure by dropping in the […]