Back

GBP/JPY Technical Analysis: 200-day MA hurdle challenged amid bear divergence of 1H RSI

GBP/JPY may see a minor pullback to 114.50-144.30 before the 200-day moving average (MA) of 144.93 is scaled in a convincing manner, as the relative strength index (RSI) on the 1-hour chart is diverging in favor of the bears. 

Hourly chart

Trend: minor pullback likely

 

GBP/USD struggles around 1.3060 as investors await May-Juncker meet

The British Pound (GBP) trades near 1.3060 versus the US Dollar (USD) heading towards European open on Wednesday. The pair struggle to extend previous
Leia mais Previous

Australia: Wages likely to keep RBA on the side-lines - TDS

Annette Beacher, chief Asia-Pacific macro strategist at TD Securities, notes that Australia’s December quarter Wage Price Index (WPI) expanded by +0.5
Leia mais Next