GBP/JPY rose to 201.24 last week but retreated sharply from there. Nevertheless, downside is contained well above 197.93 support so far. Initial bias remains neutral for consolidations, and further rise is still in favor. On the upside, break of 201.24 will target 100% projection of 180.00 to 199.79 from 184.35 at 204.14. However, considering bearish […]The post GBP/JPY Weekly Outlook appeared first on Action Forex.