Trading Strategies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 144.14; (P) 144.41; (R1) 144.77; More… With 147.81 support intact, further rise is expected GBP/JPY. 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 topping, and turn
The post GBP/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 144.14; (P) 144.41; (R1) 144.77; More… With 147.81 support intact, further rise is expected GBP/JPY. 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 topping, and turn […]

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

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