Trading Strategies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 144.36; (P) 144.65; (R1) 144.88; More… Further rise is expected in GBP/JPY as long as 147.81 support holds. Current up trend from 133.03 should target 147.95 key medium term structural resistance. Sustained break there will carry larger bullish implications. On the downside, however, break of 142.81 support would now indicate short term
The post GBP/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 144.36; (P) 144.65; (R1) 144.88; More… Further rise is expected in GBP/JPY as long as 147.81 support holds. Current up trend from 133.03 should target 147.95 key medium term structural resistance. Sustained break there will carry larger bullish implications. On the downside, however, break of 142.81 support would now indicate short term […]

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

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