GBP/JPY rebounded further to 140.31 last week but retreat sharply since then. But selling then halted at 4 hour 55 EMA. Initial bias is neutral this week first. On the upside, break of 140.31 will resume the rebound from 133.03 to retest 142.71 high. Nevertheless, sustained break of 137.83 resistance turned support will argue that
The post GBP/JPY Weekly Outlook appeared first on Action Forex.
GBP/JPY rebounded further to 140.31 last week but retreat sharply since then. But selling then halted at 4 hour 55 EMA. Initial bias is neutral this week first. On the upside, break of 140.31 will resume the rebound from 133.03 to retest 142.71 high. Nevertheless, sustained break of 137.83 resistance turned support will argue that […]
The post GBP/JPY Weekly Outlook appeared first on Action Forex.