Intraday bias in GBP/JPY stays neutral at this point. On the upside, firm break of 209.01 minor resistance should indicate short term bottoming, on bullish divergence condition in 4H MACD. That would bring stronger rebound to 38.2% retracement of 219.56 to 207.06 at 211.83. However, below 207.06 will extend the fall from 219.56 to fibonacci […]

The post GBP/JPY Daily Outlook appeared first on ActionForex.