GBP/JPY Weekly Outlook

GBP/JPY’s recovery from 124.81 extended further last week and breached 128.23 support turned resistance briefly. While the recovery was a bit stronger than expected, note that firstly, the structure of the recovery still looks corrective. Secondly, GBP/JPY is staying comfortably inside near term falling channel from 140.02. Hence, there is

Tagged with: currency forecast • forex market outlook • Forex Signal • fx trading signal

Filed under: Action Forex Market Outlook

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