Daily Pivots: (S1) 190.06; (P) 191.00; (R1) 192.46; More… Intraday bias in GBP/JPY remains neutral as consolidation from 191.99 is extending. On the upside, above 191.99 will resume the rally from 180.00, and target 61.8% retracement of 208.09 to 180.00 at 197.35, as the second leg of the corrective pattern from 208.09. On the downside, […]
Daily Pivots: (S1) 156.33; (P) 156.58; (R1) 157.07; More… Intraday bias in USD/JPY remains neutral for the moment. Price actions from 160.20 are seen as a corrective pattern. On the upside, break of 156.78 will resume the rise from 151.86, as the second leg, to 100% projection of 151.86 to 156.78 from 153.59 at 158.51. […]
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