{video} GBPJPY crashed by 3.5% to 178.51 on Thursday before closing the day at 181.45, marking its worst daily session of the year. The pair faced heavy selling in the wake of renewed signals the Bank of Japan could exit its existing super accommodative monetary policy. The bears are currently aiming to push the price back below the 180.00 mark, but the RSI and the stochastic oscillators have already plunged into oversold waters, suggesting selling pressures could fade soon. The 23.6% Fibonacci retracement level of the 2023 uptrend is slightly lower at 180.80 and could help the pair to crawl back above the nearby ... (full story)