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Action Insight: GBPJPY Technical Outlook

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GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 30 14 07:07 GMT
Intraday bias in GBP/JPY remains neutral as consolidation from 180.70 continues. Downside of consolidation would be contained by 38.2% retracement of 169.34 to 180.70 at 176.36 and bring another rise. Above 180.70 will target next long term fibonacci level at 183.96. Though, firm break of 176.36 will target 61.8% retracement 173.67 and below.
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GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 29 14 08:14 GMT
Intraday bias in GBP/JPY remains neutral as consolidation from 180.70 continues. Downside of consolidation would be contained by 38.2% retracement of 169.34 to 180.70 at 176.36 and bring another rise. Above 180.70 will target next long term fibonacci level at 183.96. Though, firm break of 176.36 will target 61.8% retracement 173.67 and below.
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GBP/JPY Weekly Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 27 14 07:44 GMT
GBP/JPY was bounded in sideway consolidation below 180.70 last week. Initial bias stays neutral this week first. Downside consolidation would be contained by 38.2% retracement of 169.34 to 180.70 at 176.36 and bring another rise. Above 180.70 will target next long term fibonacci level at 183.96.
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GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 26 14 07:00 GMT
Intraday bias in GBP/JPY remains neural for some consolidations below 180.70 temporary top. Downside of consolidation would be contained by 38.2% retracement of 169.34 to 180.70 at 176.36 and bring another rise. Above 180.70 will target next long term fibonacci level at 183.96.
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GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 25 14 07:47 GMT
Intraday bias in GBP/JPY remains neural for some consolidations below 180.70 temporary top. Downside of consolidation would be contained by 38.2% retracement of 169.34 to 180.70 at 176.36 and bring another rise. Above 180.70 will target next long term fibonacci level at 183.96.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 24 14 07:02 GMT
Intraday bias in GBP/JPY remains neural for some consolidations below 180.70 temporary top. Downside of consolidation would be contained by 38.2% retracement of 169.34 to 180.70 at 176.36 and bring another rise. Above 180.70 will target next long term fibonacci level at 183.96.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 23 14 04:13 GMT
Intraday bias in GBP/JPY remains neural for some consolidations below 180.70 temporary top. Downside of consolidation would be contained by 38.2% retracement of 169.34 to 180.70 at 176.36 and bring another rise. Above 180.70 will target next long term fibonacci level at 183.96.
Read more...
 
GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 22 14 09:35 GMT
Intraday bias in GBP/JPY remains neural for some consolidations below 180.70 temporary top. Downside of consolidation would be contained by 38.2% retracement of 169.34 to 180.70 at 176.36 and bring another rise. Above 180.70 will target next long term fibonacci level at 183.96.
Read more...
 
GBP/JPY Weekly Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 20 14 08:58 GMT
GBP/JPY soared to as high as 180.70 last week and the strong break of 175.36 confirmed resumption of medium term up trend. A temporary top is in place and initial bias is neutral this week first. Downside of consolidation would be contained by 38.2% retracement of 169.34 to 180.70 at 176.36 and bring another rise. Above 180.70 will target next long term fibonacci level at 183.96.
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GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Sep 19 14 06:50 GMT
GBP/JPY rises to as high as 180.70 so far today and intraday bias remains on the upside. The medium term up trend is still in progress and should target next long term fibonacci level at 183.96. On the downside, below 178.47 minor support will turn bias neutral and bring retreat. But downside should be contained above 175.36 resistance turned support and bring rally resumption.
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