GBPJPY Outlook

gbp/jpy-each-day-outlook

28 Jul: GBP/JPY Each day Outlook

Daily Pivots: (S1) 179.09; (P) 180.32; (R1) 181.14; More… GBP/JPY recovered after falling to 179.45 and intraday bias is turned neutral first. Further fall remains in favor, and break of 179.45 will target 55 D EMA (now at 176.65). On the upside, above 182.00 minor resistance will turn bias to the upside for retesting 183.99

gbp/jpy-day-by-day-outlook

28 Jul: GBP/JPY Day by day Outlook

Daily Pivots: (S1) 180.88; (P) 181.44; (R1) 182.07; More… Intraday bias in GBP/JPY remains on the downside as fall from 183.99 short term top is in progress for 179.90. Firm break there will target 55 D EMA (now at 176.39). On the upside, above 182.00 minor resistance will turn intraday bias neutral first. In the

gbp/jpy-day-by-day-outlook

28 Jul: GBP/JPY Day by day Outlook

Daily Pivots: (S1) 180.84; (P) 182.03; (R1) 182.96; More… No change in GBP/JPY’s outlook as intraday bias stays mildly on the downside. Fall from 183.99 short term top would target 179.90 support. Firm break there will target 55 D EMA (now at 176.39). On the upside, break of 183.99 will resume larger up trend. In

gbp/jpy-day-by-day-outlook

28 Jul: GBP/JPY Day by day Outlook

Daily Pivots: (S1) 181.81; (P) 182.72; (R1) 183.41; More… Intraday bias in GBP/JPY stays mildly on the downside at this point. Fall from 183.99 short term top would target 179.90 support. Firm break there will target 55 D EMA (now at 176.22). On the upside, break of 183.99 will resume larger up trend. In the

gbp/jpy-weekly-outlook

28 Jul: GBP/JPY Weekly Outlook

A short term top is likely in place at 183.99 in GBP/JPY, on bearish divergence condition in 4H MACD. Initial bias is mildly on the downside this week for 179.90 support. Firm break there will target 55 D EMA (now at 175.99 ). On the upside, break of 183.99 will resume larger up trend. In

gbp/jpy-each-day-outlook

28 Jul: GBP/JPY Each day Outlook

Daily Pivots: (S1) 182.69; (P) 183.35; (R1) 184.19; More… GBP/JPY’s correction from 183.99 is extending today. Firm break of 182.12 support will bring deeper fall to 55 D EMW (now at 175.98). But downside should be contained above 172.30 resistance turned support to bring another rally. On the upside, break of 183.99 will resume larger

gbp/jpy-each-day-outlook

28 Jul: GBP/JPY Each day Outlook

Daily Pivots: (S1) 183.29; (P) 183.65; (R1) 184.15; More… Intraday bias in GBP/JPY is turned neutral with current retreat. Break of 182.12 support will turn bias back to the downside for deeper correction. But downside should be contained above 172.30 resistance turned support to bring another rally. On the upside, break of 183.99 will resume