GBP/JPY’s fall from 201.24 extended lower last week but recovered after hitting 197.47. Initial bias remains neutral this week first, but risk will stay on the downside as long as 200.49 resistance holds. Below 197.47 will target 195.01 structural support. Firm break there will indicate that rise fro 184.35 has completed, and possibly the pattern […]

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