GBP/JPY’s late breach of 199.80 suggests that recent rally is resuming. Initial bias is mildly on the upside this week for 100% projection of 180.00 to 199.79 from 184.35 at 204.14. On the downside, below 197.92 will turn intraday bias neutral and bring more consolidations. But near term outlook will stay bullish as long as […]

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