 GBPJPY reversed to the downside to test its short-term simple moving averages SMAs after the pullback off the 169.05 barrier. Although the pair has been printing higher lows above Septembers trough, it was unable to find enough buying power to chart new highs. In other discouraging signals, the RSI is pointing downwards near the neutral threshold of 50, while ... The post GBPJPY Hovers in Ascending Triangle Near 167.00 appeared first on Action Forex... 