Daily Pivots: (S1) 215.64; (P) 215.97; (R1) 216.52; More… GBP/JPY’s steep decline and strong break of 55 D EMA today suggests that a medium term top was already formed at 216.58, on bearish divergence condition in D MACD. While deeper fall cannot be ruled out, strong support should emerge from 209.58 to bring rebound, at […]The post GBP/JPY Mid-Day Outlook appeared first on ActionForex.