GBP/JPY Weekly Outlook

[PocketOption]

GBP/JPY Weekly Outlook

GBP/JPY rose to as high as 170.07 last week, and met 61.8% projection of 148.93 to 165.69 from 159.71 at 170.06. But subsequent retreat indicates it has already turned into consolidation. initial bias is neutral this week first. Downside should be contained above 159.71 support to bring another rally. Break of 170.07, and sustained trading […]

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Source: GBP/JPY Weekly Outlook