Trading Strategies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 151.25; (P) 151.75; (R1) 152.26; More… Intraday bias in GBP/JPY remains neutral first. The cross is now pressing 100% projection of 123.94 to 142.71 from 133.03 at 151.80 next and channel resistance. Break of 147.38 support will indicate short term topping and turn bias to the downside for correction. Nevertheless, sustained trading
The post GBP/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 151.25; (P) 151.75; (R1) 152.26; More… Intraday bias in GBP/JPY remains neutral first. The cross is now pressing 100% projection of 123.94 to 142.71 from 133.03 at 151.80 next and channel resistance. Break of 147.38 support will indicate short term topping and turn bias to the downside for correction. Nevertheless, sustained trading […]

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

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