 GBPJPY has experienced a steep uptrend since late September, with the price gaining almost 15 and posting a fresh 612-year high of 172.10. However, the pair has declined moderately from its recent peak and has been trading below its 50-day simple moving average SMA in the last couple of sessions. The momentum indicators currently suggest that bearish ... The post GBPJPY Crosses Below 50-day SMA as Bearish Bias Strengthens appeared first on Action Forex... 