GBP/JPY Daily Outlook

Daily Pivots: (S1) 141.58; (P) 142.02; (R1) 142.76; More… Intraday bias in GBP/JPY remains on the upside at this point. Decisive break of 142.71 resistance 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 term
The post GBP/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 141.58; (P) 142.02; (R1) 142.76; More… Intraday bias in GBP/JPY remains on the upside at this point. Decisive break of 142.71 resistance 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 term […]

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

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