Daily Pivots: (S1) 198.88; (P) 199.36; (R1) 199.95; More… Intraday bias in GBP/JPY remains neutral as sideway trading continues. With 197.84 support intact, further rise is in favor. Firm break of 200.26 will confirm resumption of whole rise from 184.35, and that from 180.00. Further rally should then be seen to 100% projection of 180.00 […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.
USD/JPY rose to 159.29 on Friday, marking one of the weakest levels for the Japanese yen since July 2024. The yen’s decline is heightening market concerns about possible intervention by authorities in the foreign exchange Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal While you wait for the temperatures Read more…
The short-term Elliott Wave outlook for USDJPY indicates that the cycle from the January 28, 2026 low remains in progress, unfolding as an impulsive structure. From that low, wave (1) concluded at 157.72, followed by Read more…