Trading Strategies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 141.70; (P) 141.97; (R1) 142.31; More… Outlook in GBP/JPY is unchanged and further rise is expected with 140.31 support intact. Decisive break of 142.71 will resume whole rally from 123.94 for 147.95 key resistance. Nevertheless, break of 140.31 support will indicate short term topping and turn bias back to the downside. In
The post GBP/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 141.70; (P) 141.97; (R1) 142.31; More… Outlook in GBP/JPY is unchanged and further rise is expected with 140.31 support intact. Decisive break of 142.71 will resume whole rally from 123.94 for 147.95 key resistance. Nevertheless, break of 140.31 support will indicate short term topping and turn bias back to the downside. In […]

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

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