Daily Pivots: (S1) 141.58; (P) 142.02; (R1) 142.76; More… GBP/JPY’s break of 142.23 suggests rise resumption. Focus is now on 142.71 key resistance. Decisive break there will resume whole rise from 123.94 for 147.95 key resistance next. On the downside, though, considering bearish divergence condition in 4 hour MACD, break of 141.26 will confirm short
The post GBP/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 141.58; (P) 142.02; (R1) 142.76; More… GBP/JPY’s break of 142.23 suggests rise resumption. Focus is now on 142.71 key resistance. Decisive break there will resume whole rise from 123.94 for 147.95 key resistance next. On the downside, though, considering bearish divergence condition in 4 hour MACD, break of 141.26 will confirm short […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.