Daily Pivots: (S1) 159.21; (P) 160.02; (R1) 161.02; More… Intraday bias in GBP/JPY remains neutral for the moment. On the downside, break of 155.57 will extend the correction towards 150.96 key structural support. Nevertheless, on the upside, firm break of 162.16 will indicate that the correction has completed, and bring retest of 168.40 high next.…
GBPJPY Outlook
Daily Pivots: (S1) 158.92; (P) 159.61; (R1) 160.82; More… Intraday bias in GBP/JPY remains neutral at this point. On the downside, break of 155.57 will extend the correction towards 150.96 key structural support. Nevertheless, on the upside, firm break of 162.16 will indicate that the correction has completed, and bring retest of 168.40 high next.…
Daily Pivots: (S1) 157.67; (P) 159.35; (R1) 160.69; More… GBP/JPY is staying in corrective pattern from 168.40 and intraday bias remains neutral. On the downside, break of 155.57 will extend the correction towards 150.96 key structural support. Nevertheless, on the upside, firm break of 162.16 will indicate that the correction has completed, and bring retest…
Daily Pivots: (S1) 159.94; (P) 160.47; (R1) 161.54; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. On the downside, break of 155.57 will extend the correction towards 150.96 key structural support. Nevertheless, on the upside, firm break of 162.16 will indicate that the correction has completed, and bring retest of 168.40 high…
Daily Pivots: (S1) 158.96; (P) 159.58; (R1) 160.42; More… Intraday bias in GBP/JPY remains neutral at this point. On the downside, break of 155.57 will extend the correction towards 150.96 key structural support. Nevertheless, on the upside, firm break of 162.16 will indicate that the correction has completed, and bring retest of 168.40 high next.…
GBP/JPY stayed in correction from 168.40 last week and outlook is unchanged. Initial bias remains neutral this week first. On the downside, break of 155.57 will extend the correction towards 150.96 key structural support. Nevertheless, on the upside, firm break of 162.16 will indicate that the correction has completed, and bring retest of 168.40 high…
Daily Pivots: (S1) 158.29; (P) 159.10; (R1) 160.32; More… Intraday bias in GBP/JPY stays neutral and outlook is unchanged. Risk will stay on the downside as long as 162.16 minor resistance holds, as correction from 168.40 could extend. On the downside, below 155.57 will target 150.95 key structural support next. Nevertheless, firm break of 162.16…