Daily Pivots: (S1) 165.59; (P) 165.98; (R1) 166.76; More… GBP/JPY’s break of 166.06 minor resistance suggests that correction from 172.11 has completed with three waves down to 163.02. Intraday bias is now mildly on the upside for retesting 172.11 high. However, sustained trading below 38.2% retracement of 148.93 to 172.11 at 163.25 will bring deeper […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.