Trading Strategies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 135.59; (P) 136.15; (R1) 137.13; More… Intraday bias in GBP/JPY remains neutral as range trading continues. As long as 137.83 resistance holds, further decline is in favor. Below 134.40 will target 133.03 support first. Break there will resume larger fall from 142.71 to 61.8% retracement of 123.94 to 142.71 at 131.11. In
The post GBP/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 135.59; (P) 136.15; (R1) 137.13; More… Intraday bias in GBP/JPY remains neutral as range trading continues. As long as 137.83 resistance holds, further decline is in favor. Below 134.40 will target 133.03 support first. Break there will resume larger fall from 142.71 to 61.8% retracement of 123.94 to 142.71 at 131.11. In […]

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

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