GBP/JPY Weekly Outlook

GBP/JPY declined last week as consolidation from 153.39 continued. Outlook is so far unchanged. Initial bias stays neutral this week first. In case of deeper fall, downside should be contained by 148.50 support to bring rebound. On the upside, break of 153.39 will resume the whole rise from 123.94 to 156.59 long term resistance next.
The post GBP/JPY Weekly Outlook appeared first on Action Forex.

GBP/JPY declined last week as consolidation from 153.39 continued. Outlook is so far unchanged. Initial bias stays neutral this week first. In case of deeper fall, downside should be contained by 148.50 support to bring rebound. On the upside, break of 153.39 will resume the whole rise from 123.94 to 156.59 long term resistance next. […]

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

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