GBP/JPY Weekly Outlook

GBP/JPY edged higher to 142.30 last week but quickly lost moment and turned sideway. Initial bias is neutral this week first. Further rise is expected as long as 140.31 support holds. Firm break of 142.23/71 resistance zone will resume whole rise from 123.94 to 147.95 key resistance next. On the downside, though, considering bearish divergence
The post GBP/JPY Weekly Outlook appeared first on Action Forex.

GBP/JPY edged higher to 142.30 last week but quickly lost moment and turned sideway. Initial bias is neutral this week first. Further rise is expected as long as 140.31 support holds. Firm break of 142.23/71 resistance zone will resume whole rise from 123.94 to 147.95 key resistance next. On the downside, though, considering bearish divergence […]

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

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