GBPJPY neutral in short-term; potential for downside move

GBPJPY continues to trade in a narrow range and is expected to maintain a consolidation phase around the 151 level in the near-term. The uptrend that took place from the 140 area ran out of steam at 152.85 on September 21. Trend indicators are neutral and showing a lack of clear direction on the ...

GBPJPY neutral in short-term; potential for downside move