GBP/JPY Daily Outlook

Daily Pivots: (S1) 138.10; (P) 139.00; (R1) 140.08; More… GBP/JPY recovers quickly after dipping to 137.90 and intraday bias is turned neutral again. Corrective rise from 133.03 could have completed on bearish divergence condition in 4 hour MACD. The pattern from 142.71 might be starting another falling leg. Break of 137.90 should target 137.19 support
The post GBP/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 138.10; (P) 139.00; (R1) 140.08; More… GBP/JPY recovers quickly after dipping to 137.90 and intraday bias is turned neutral again. Corrective rise from 133.03 could have completed on bearish divergence condition in 4 hour MACD. The pattern from 142.71 might be starting another falling leg. Break of 137.90 should target 137.19 support […]

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

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