Daily Pivots: (S1) 163.58; (P) 164.21; (R1) 165.46; More… GBP/JPY’s breach of 164.61 resistance indicates resumption of larger up trend. Intraday bias is back on the upside. Further rise should be seen to long term fibonacci level at 167.93 next. On the downside, below 162.72 minor support will turn intraday bias neutral again first. But […]

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