Technical analysis of GBP/JPY for December 19, 2013
Overview: GBP/JPY is trading in a higher range after hitting the high 173.9. The gains of the GBP/JPY pair are tempered by Japan exporter sales. The immediate trend remains up and the momentum is strong. Daily chart is positive-biased as MACD and Stochastic are bullish, stochastics is reverting to bullish due to oversold. Trading recommendations: The […]