Trading Strategies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 143.31; (P) 143.84; (R1) 144.83; More… Intraday bias in GBP/JPY remains on the upside at this point. Decisive break of 61.8% projection of 123.94 to 142.71 from 133.03 at 144.62 will target 147.95 medium term structural resistance. On the downside, however, break of 142.81 support would now indicate short term topping, and
The post GBP/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 143.31; (P) 143.84; (R1) 144.83; More… Intraday bias in GBP/JPY remains on the upside at this point. Decisive break of 61.8% projection of 123.94 to 142.71 from 133.03 at 144.62 will target 147.95 medium term structural resistance. On the downside, however, break of 142.81 support would now indicate short term topping, and […]

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

Leave a Reply