GBP/JPY Daily Outlook

Daily Pivots: (S1) 137.30; (P) 138.37; (R1) 138.99; More… The break of 137.83 resistance turned support suggests that GBP/JPY’s rebound from 133.03 might have completed with three waves up to 140.31. Intraday bias i now back on the downside for 134.40 support first. Break there will likely resume the pattern from 142.71 through 133.03 support.
The post GBP/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 137.30; (P) 138.37; (R1) 138.99; More… The break of 137.83 resistance turned support suggests that GBP/JPY’s rebound from 133.03 might have completed with three waves up to 140.31. Intraday bias i now back on the downside for 134.40 support first. Break there will likely resume the pattern from 142.71 through 133.03 support. […]

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

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