The Japanese yen has posted gains on Monday. In the European session, USD/JPY is trading at 159.26, down 0.10%. The yen hasn’t had a winning daily session since June 19th and declined 1.5% last week. On the data front, Japan releases the Services Producer Price Index. There are no economic releases in the US but […]
GBP/USD takes a breather after hitting a five-month high. Overbought signals strengthen as price tests key resistance. GBPUSD has been treading water around the 1.2923 level, struggling to gain further traction after its March bull run stalled near the upper boundary of its bullish channel. The pair surged as high as 1.2945 last week, marking […]
The post GBP/USD Flatlines Near Channel’s Upper Band appeared first on Action Forex.
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