GBPJPY Challenges 24-Week High Above 140.00

<p>GBPJPY posted a noteworthy upside movement as it reached a fresh 24-week high of 140.19 on Thursday, surpassing the previous peak of 139.80. Also, the price is still developing above the five-month ascending trend line. From a technical viewpoint, the RSI indicator jumped above the 70 level, entering the overbought region, while the stochastic oscillator [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/318904-gbpjpy-challenges-24-week-high-above-140-00/">GBPJPY Challenges 24-Week High Above 140.00</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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