GBPJPY is edging higher after the bounce off the 144.10 support, recording a fresh 26-month high above 145.00. In trend indicators, the Ichimoku lines are pointing upwards, while the simple moving averages (SMAs) are following the price action. The RSI indicators is heading north towards the 70 level, while the MACD is ticking up in the positive area. In case the buying interest intensifies, the next resistance could come at 147.95, taken from the peak on December 2019. However, the pair may pause its run at the 146.00 and 147.00 psychological levels. On the other hand, a downside correction may send the price until ... (full story)