Daily Pivots: (S1) 151.56; (P) 151.82; (R1) 152.29; More… GBP/JPY’s rally resumed through 152.21 temporary top. Intraday bias is back on the upside. Current up trend from 123.94 might be accelerating again to 156.59 long term resistance next. However, considering bearish divergence condition in 4 hour MACD, break of 150.76 support will indicate short term
The post GBP/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 151.56; (P) 151.82; (R1) 152.29; More… GBP/JPY’s rally resumed through 152.21 temporary top. Intraday bias is back on the upside. Current up trend from 123.94 might be accelerating again to 156.59 long term resistance next. However, considering bearish divergence condition in 4 hour MACD, break of 150.76 support will indicate short term […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.