GBP/JPY Daily Outlook

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Intraday bias in GBP/JPY remains neutral as consolidations continue below 211.25. Risk will stay on the upside as long as 207.06 holds. Above 211.25 will target 38.2% retracement of 219.56 to 207.06 at 211.83. Break there will target 61.8% retracement at 214.78. In the bigger picture, price action from 219.56 is seen as correcting the […]The post GBP/JPY Daily Outlook appeared first on ActionForex.