Daily Pivots: (S1) 194.27; (P) 196.61; (R1) 199.16; More… GBP/JPY retreated ahead of 199.79 resistance and intraday bias is turned neutral first. Further rally will remain in favor as long as 194.04 support holds. Corrective pattern from 180.00 is extending, and break of 199.79 will target channel resistance (now at 202.84). In the bigger picture, […]

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