Daily Pivots: (S1) 197.79; (P) 198.17; (R1) 198.59; More… The extended pullback from 199.96 suggests that a short term top is likely in place. On the downside, firm break of 197.41 will turn bias to the downside for 193.99 cluster support (38.2% retracement of 184.35 to 199.96 at 193.99), as correction to the rally from […]The post GBP/JPY Daily Outlook appeared first on Action Forex.