GBP/JPY stayed in consolidation below 165.99 last week and outlook is unchanged. Initial bias remains neutral this week first. Further rally is still expected as long as 161.18 support holds. As noted before, corrective fall from 172.11 should have completed at 155.33 already. Break of 165.99 will target 169.26 resistance first, and then 172.11 high. […]
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Daily Pivots: (S1) 140.18; (P) 141.16; (R1) 141.85; More… Intraday bias in USD/JPY stays on the downside as fall from 158.86 is in progress for 139.57 support. Strong support could seen from 139.26 fibonacci level Read more…