Trading Strategies

GBP/JPY Mid-Day Outlook

Daily Pivots: (S1) 140.44; (P) 140.75; (R1) 141.17; More… GBP/JPY’s rise resumed after brief retreat, after drawing support from 4 hour 55 EMA. Intraday bias is back on the upside for 141.71 high. Decisive break there will resume whole rally from 123.94 for 147.95 key resistance. On the downside, break of 140.31 will suggest rejection
The post GBP/JPY Mid-Day Outlook appeared first on Action Forex.

Daily Pivots: (S1) 140.44; (P) 140.75; (R1) 141.17; More… GBP/JPY’s rise resumed after brief retreat, after drawing support from 4 hour 55 EMA. Intraday bias is back on the upside for 141.71 high. Decisive break there will resume whole rally from 123.94 for 147.95 key resistance. On the downside, break of 140.31 will suggest rejection […]

The post GBP/JPY Mid-Day Outlook appeared first on Action Forex.

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