Daily Pivots: (S1) 150.32; (P) 150.80; (R1) 151.17; More… GBP/JPY’s rally is still in progress for 100% projection of 123.94 to 142.71 from 133.03 at 151.80. That would be close to channel resistance (from 123.94 low) at 151.77. We’d be cautious on topping from there. But decisive break of this level will indicate upside acceleration
The post GBP/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 150.32; (P) 150.80; (R1) 151.17; More… GBP/JPY’s rally is still in progress for 100% projection of 123.94 to 142.71 from 133.03 at 151.80. That would be close to channel resistance (from 123.94 low) at 151.77. We’d be cautious on topping from there. But decisive break of this level will indicate upside acceleration […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.