Forex technical analysis: GBPJPY buyers build off the lows

Discussion in 'Technical Analysis' started by ForexLive, Oct 12, 2017.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Watching close support as price rebounds Looking at the spread out 4-hour chart, the GBPJPY fell below a swing area between 147.60-77 and the 38.2% of the move up from the August low at 147.66. That was bearish. However, the price stalled ahead of the 200 bar MA on the 4-hour chart at 147.12 currently. The

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