GBP/JPY Daily Outlook

[Forex-Outlook]

GBP/JPY's break of 135.69 minor resistance turns intraday bias neutral again and argues that consolidation from 132.13 might be still in progress. Another rise cannot be ruled out but after all, upside should be limited by 139.21 cluster resistance (38.2% retracement of 150.68 to 132.13 at 139.21, 61.8% retracement of...

Read Full Out-Look by Action Forex