 GBPJPY rebounded off the long-term ascending trend line and near the three-month low of 155.30. The price is currently trying to surpass the 20-day simple moving average SMA and the technical oscillators are confirming an upside movement. The RSI is ticking marginally up in the negative territory, while the MACD is surpassing its trigger line ... The post GBPJPY Bounces Off Uptrend Line But Momentum is Weak appeared first on Action Forex... 