Trading Strategies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 150.74; (P) 150.96; (R1) 151.28; More… GBP/JPY hits as high as 151.66 so far, just ahead of 100% projection of 123.94 to 142.71 from 133.03 at 151.80. As it’s now close to channel resistance (from 123.94 low) at 151.81, we’d be cautious on topping from current level. On the downside, break of
The post GBP/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 150.74; (P) 150.96; (R1) 151.28; More… GBP/JPY hits as high as 151.66 so far, just ahead of 100% projection of 123.94 to 142.71 from 133.03 at 151.80. As it’s now close to channel resistance (from 123.94 low) at 151.81, we’d be cautious on topping from current level. On the downside, break of […]

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

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