Despite dipping to 200.54 last week, GBP/JPY quickly recovered. Initial bias remains neutral first. Current development suggests that price action from 205.30 is merely a corrective move, and larger rally is still in progress. On the upside, break of 204.22 will suggest that rise from 184.35 is resuming through 205.30 towards 208.09 high. However, break […]The post GBP/JPY Weekly Outlook appeared first on Action Forex.