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gbp/jpy-every-day-outlook

17 May: GBP/JPY Every day Outlook

Daily Pivots: (S1) 195.66; (P) 196.29; (R1) 197.54; More… GBP/JPY’s rebound from 191.34 resumed after brief recovery and intraday bias is back on the upside. Rise from 191.34 is seen as the second leg of the corrective pattern from 200.53. Sustained break of 197.07 will pave the way to retest 200.53. On the downside, firm