GBP/JPY’s steep decline last week argue that it might be correcting whole up trend from 184.35 to 219.56. Firm break of 212.36 support would confirm this case, and bring deeper fall to 38.2% retracement of 184.35 to 219.56 at 206.10. For now, risk will stay on the downside as long as 216.30 minor resistance holds, […]The post GBP/JPY Weekly Outlook appeared first on ActionForex.