Trading Strategies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 146.88; (P) 147.34; (R1) 148.12; More… GBP/JPY’s rally resumes after brief retreat and intraday bias is back on the upside. Sustained break of 147.95 structural resistance will carry larger bullish implications. Up trend from 123.94 should then target 100% projection of 123.94 to 142.71 from 133.03 at 151.80 next. On the downside,
The post GBP/JPY Daily Outlook appeared first on Action Forex.

Daily Pivots: (S1) 146.88; (P) 147.34; (R1) 148.12; More… GBP/JPY’s rally resumes after brief retreat and intraday bias is back on the upside. Sustained break of 147.95 structural resistance will carry larger bullish implications. Up trend from 123.94 should then target 100% projection of 123.94 to 142.71 from 133.03 at 151.80 next. On the downside, […]

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

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