Trading Strategies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 149.14; (P) 149.93; (R1) 150.82; More… GBP/JPY’s break of 150.39 suggests rally resumption. Intraday bias is back on the upside for 100% projection of 123.94 to 142.71 from 133.03 at 151.80 next. On the downside, however, break of 147.38 support should now indicate short term topping. Deeper correction would seen back to
The post GBP/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 149.14; (P) 149.93; (R1) 150.82; More… GBP/JPY’s break of 150.39 suggests rally resumption. Intraday bias is back on the upside for 100% projection of 123.94 to 142.71 from 133.03 at 151.80 next. On the downside, however, break of 147.38 support should now indicate short term topping. Deeper correction would seen back to […]

The post GBP/JPY Daily Outlook appeared first on Action Forex.

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