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GBPJPY News

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Last Updated Date: 10 May 2022 @ 11:05 AM (UTC)
*Please note that all the dates are in GMT time zone

The failed test up around the 162.18 resistance continues a turn back to short term bear trending action. Selloffs after the close has trade poised for a bear day and close under 159.62 implies a bear wave to 158.00. Any corrective congestion capped under 162.18 should bear flag a setup for selloffs. A close over 162.82 (SAR) is needed to reject the downturn.
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