GBP/JPY Weekly Outlook

GBP/JPY’s fall and break of 137.90 minor support revived that case that corrective rebound from 133.03 has completed 140.70. The pattern from 142.71 should have started the third leg. Initial bias stays on the downside this week for 134.40 support and then 133.03. This will now remain the favored case as long as 140.70 resistance
The post GBP/JPY Weekly Outlook appeared first on Action Forex.

GBP/JPY’s fall and break of 137.90 minor support revived that case that corrective rebound from 133.03 has completed 140.70. The pattern from 142.71 should have started the third leg. Initial bias stays on the downside this week for 134.40 support and then 133.03. This will now remain the favored case as long as 140.70 resistance […]

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

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