Trading Strategies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 149.39; (P) 149.88; (R1) 150.39; More… GBP/JPY’s upside momentum is diminishing mildly as seen in 4 hour MACD. But further rise is expected. as long as 147.38 support holds. Current up trend from 123.94 should target 100% projection of 123.94 to 142.71 from 133.03 at 151.80 next. On the downside, however, break
The post GBP/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 149.39; (P) 149.88; (R1) 150.39; More… GBP/JPY’s upside momentum is diminishing mildly as seen in 4 hour MACD. But further rise is expected. as long as 147.38 support holds. Current up trend from 123.94 should target 100% projection of 123.94 to 142.71 from 133.03 at 151.80 next. On the downside, however, break […]

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

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