Daily Pivots: (S1) 160.72; (P) 161.45; (R1) 162.78; More… Immediate focus is now on 161.80 resistance. Decisive break there, and sustained trading above 55 day EMA (now at 160.99) will argue that whole decline from 172.11 has completed. Bias will be back on the upside for 169.26/172.11 resistance zone. On the downside, break of 155.33 […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.