Each day Pivots: (S1) 182.70; (P) 183.47; (R1) 184.26; Extra…
Intraday bias in GBP/JPY stays on the upside at this level. Decisive break of 183.99 will verify bigger up development resumption. Subsequent goal is 61.8% projection of 158.24 to 183.99 from 176.29 at 192.20. For now, close to time period outlook will keep bullish so long as 180.41 assist holds, in case of retreat.
Within the greater image, so long as 172.11 resistance turned assist holds, up development from 123.94 (2020 low) is predicted to proceed by 183.99 at a later stage, in direction of 195.86 (2015 excessive). Nonetheless, agency break of 172.11 will argue that bigger correction is already underway.
