Trading Strategies

GBP/JPY Weekly Outlook

GBP/JPY rose further to as high as 142.23 last week but retreated ahead of 142.71 resistance. Initial bias is turned neutral this week first. On the downside, break of 140.31 support will indicate short term topping. Intraday bias will be turned back to the downside for 136.96 support. However, decisive break of 142.71 will resume
The post GBP/JPY Weekly Outlook appeared first on Action Forex.

GBP/JPY rose further to as high as 142.23 last week but retreated ahead of 142.71 resistance. Initial bias is turned neutral this week first. On the downside, break of 140.31 support will indicate short term topping. Intraday bias will be turned back to the downside for 136.96 support. However, decisive break of 142.71 will resume […]

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

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