Daily Pivots: (S1) 149.62; (P) 150.12; (R1) 151.05; More… Intraday bias in GBP/JPY is turned neutral with current recovery. A temporary low is formed at 148.94, just ahead of 100% projection of 158.19 to 152.35 from 154.70 at 148.86, which is close to 148.93 key structural support. On the upside, break of 152.35 support turned…
GBPJPY Outlook
Daily Pivots: (S1) 148.61; (P) 149.69; (R1) 150.39; More… Intraday bias in GBP/JPY remain son the downside. Focus stays on 100% projection of 158.19 to 152.35 from 154.70 at 148.86, which is close to 148.93 key structural support. Decisive break there will carry larger bearish implication and target 161.8% projection at 145.25 next. In any…
GBP/JPY’s fall from 158.19 continued last week and hit as low as 148.97. Initial bias is on the downside this week with focus on 100% projection of 158.19 to 152.35 from 154.70 at 148.86, which is close to 148.93 key structural support. Decisive break there will carry larger bearish implication and target 161.8% projection at…
Daily Pivots: (S1) 149.08; (P) 150.26; (R1) 150.89; More… Intraday bias in GBP/JPY is turned neutral again. On the downside, break of 149.52 will resume fall from 158.19 to 100% projection of 158.19 to 152.35 from 154.70 at 148.86 next, which is close to 148.93 key structural support. Decisive break there will carry larger bearish…
Daily Pivots: (S1) 149.08; (P) 150.26; (R1) 150.89; More… Intraday bias in GBP/JPY is back on the downside and recent decline resumed after brief recovery. The fall fro m185.19 should target 158.19 to 100% projection of 158.19 to 152.35 from 154.70 at 148.86 next, which is close to 148.93 key structural support. Decisive break there…
Daily Pivots: (S1) 149.62; (P) 150.63; (R1) 151.51; More… Intraday bias in GBP/JPY is turned neutral with current recovery. On the downside, break of 149.70 will resume the fall from 158.19 to 100% projection of 158.19 to 152.35 from 154.70 at 148.86 next, which is close to 148.93 key structural support. Decisive break there will…
Daily Pivots: (S1) 150.63; (P) 151.27; (R1) 151.84; More… GBP/JPY’s fall from 158.19 is still in progress and intraday bias remains on the downside for 100% projection of 158.19 to 152.35 from 154.70 at 148.86 next, which is close to 148.93 key structural support. Decisive break there will carry larger bearish implication and target 161.8%…