GBP/JPY Daily Outlook

Daily Pivots: (S1) 149.24; (P) 149.60; (R1) 150.13; More… GBP/JPY’s correction from 153.39 is still in progress and could extend lower. But downside should be contained by 148.50 support to bring rebound. On the upside, break of 151.95 will argue that larger rally is ready to resume, and bring retest of 153.39 high first. However,
The post GBP/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 149.24; (P) 149.60; (R1) 150.13; More… GBP/JPY’s correction from 153.39 is still in progress and could extend lower. But downside should be contained by 148.50 support to bring rebound. On the upside, break of 151.95 will argue that larger rally is ready to resume, and bring retest of 153.39 high first. However, […]

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

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GBP/JPY Daily Outlook

Daily Pivots: (S1) 150.32; (P) 150.82; (R1) 151.75; More… GBP/JPY rebounds strongly today but stays below 153.39 resistance. Intraday bias remains neutral first. Consolidation from…

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