GBP/JPY continues its struggle to hold above the 100-hour moving average - ConsultFX

GBP/JPY continues its struggle to hold above the 100-hour moving average

GBP/JPY buyers are finding it difficult to break the near-term bearish hold The pair managed to break free of the 100-hour MA (red line) yesterday and take out offers at 145.00 but as stocks turned sour in US trading due to the trade rhetoric, the yen gained some traction and the pair moved back below the