GBP/JPY: uptrend, corrective movement to the support level - 184.29
RSI broke above 50 gives a signal for a new bullish momentum in the direction of the trend.
Moving averages in bullish formation, the pris is over 3EMA, which is above 13 and 25 EMA
61.8% Fibo retracement and signal for a new bullish momentum
price action: breakthrough of the inside bar, probably upward movement
Sentiment, sentiment in GBP is stronger than the JPY
Stefen D. Angelov - Head of Stocks Trading
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