Daily Pivots: (S1) 151.23; (P) 151.67; (R1) 152.14; More… Intraday bias in GBP/JPY remains neutral for the moment. The cross is now pressing 100% projection of 123.94 to 142.71 from 133.03 at 151.80 and channel resistance. Firm break of 150.43 minor support will indicate short term topping, on bearish divergence condition in 4 hour MACD.
The post GBP/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 151.23; (P) 151.67; (R1) 152.14; More… Intraday bias in GBP/JPY remains neutral for the moment. The cross is now pressing 100% projection of 123.94 to 142.71 from 133.03 at 151.80 and channel resistance. Firm break of 150.43 minor support will indicate short term topping, on bearish divergence condition in 4 hour MACD. […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.