GBP/JPY rose to 211.96 last week but retreated since then. Initial bias remains neutral this week first. On the downside, break of 208.34 support will extend the larger decline through 206.85 to 206.10 key fibonacci level. On the upside, above 211.96 will resume the rebound from 206.85. In the bigger picture, price action from 219.56 […]The post GBP/JPY Weekly Outlook appeared first on ActionForex.