Mon, 05 Sep 2022 10:50:56 GMT
GBP/JPY finds support in pivot point
On Monday morning, the GBP/JPY currency exchange rate found support in the weekly S1 simple pivot point at 160.64. By the middle of the day's European trading, the pair had recovered and broken the resistance of the combination of the 50, 100 and 200-hour simple moving averages and the weekly simple pivot point at 161.50/161.65.
A continuation of the surge