Daily Pivots: (S1) 197.53; (P) 198.52; (R1) 200.08; More… GBP/JPY rebounded after brief dip to 196.95 and intraday bias is turned neutral. Consolidations from 199.96 might still extend and below 196.95 will target 193.99 cluster support (38.2% retracement of 184.35 to 199.96 at 193.99). Nevertheless, firm break of 199.96 will resume larger rise from 184.35. […]The post GBP/JPY Daily Outlook appeared first on Action Forex.