Daily Pivots: (S1) 140.65; (P) 141.42; (R1) 141.88; More… Focus is now on 140.31 support in GBP/JPY with today’s fall. Decisive break there should confirm short term topping at 142.34. Considering bearish divergence condition in 4 hour MACD, that would also be an early sign of reversal, after rejection by 142.71 key resistance. Intraday will
The post GBP/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 140.65; (P) 141.42; (R1) 141.88; More… Focus is now on 140.31 support in GBP/JPY with today’s fall. Decisive break there should confirm short term topping at 142.34. Considering bearish divergence condition in 4 hour MACD, that would also be an early sign of reversal, after rejection by 142.71 key resistance. Intraday will […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.