Daily Pivots: (S1) 137.51; (P) 138.51; (R1) 140.06; More… Intraday bias in GBP/JPY remains neutral for more consolidative range trading. On the upside, firm break of 140.70 will resume the choppy rebound from 133.03 for retesting 141.71 high. On the downside, though, break of 136.78 will turn bias to the downside for 134.40 support first.
The post GBP/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 137.51; (P) 138.51; (R1) 140.06; More… Intraday bias in GBP/JPY remains neutral for more consolidative range trading. On the upside, firm break of 140.70 will resume the choppy rebound from 133.03 for retesting 141.71 high. On the downside, though, break of 136.78 will turn bias to the downside for 134.40 support first. […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.