GBP/JPY Weekly Outlook

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GBP/JPY edged higher to 214.27 last week but quickly retreated. Initial bias remains neutral this week and further rise is in favor. Break of 214.27 will resume larger up trend to 100% projection of 184.35 to 205.30 from 199.04 at 219.99 next. Nevertheless, considering bearish divergence condition in 4H MACD, firm break of 210.28 will […]The post GBP/JPY Weekly Outlook appeared first on ActionForex.