GBP/JPY breached 150.39 last week but could sustain above there. Still, further rise is expected this week as long as 147.38 support holds. Current up trend form 123.94 should target 100% projection of 123.94 to 142.71 from 133.03 at 151.80 next. On the downside, however, break of 147.38 support should now indicate short term topping.
The post GBP/JPY Weekly Outlook appeared first on Action Forex.
GBP/JPY breached 150.39 last week but could sustain above there. Still, further rise is expected this week as long as 147.38 support holds. Current up trend form 123.94 should target 100% projection of 123.94 to 142.71 from 133.03 at 151.80 next. On the downside, however, break of 147.38 support should now indicate short term topping. […]
The post GBP/JPY Weekly Outlook appeared first on Action Forex.