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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 | Mar 05 15 05:10 GMT
Intraday bias in GBP/JPY is neutral for the moment. With 181.65 minor support intact, further rally is in favor for 187.79/189.70 resistance zone. We'd expect strong resistance from there to bring reversal. Meanwhile, below 181.65 minor support will suggest that rise from 175.49 has completed and will turn bias back to the downside for this support.
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GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Mar 04 15 08:24 GMT
With 181.65 minor support intact, further rally is expected in GBP/JPY for 187.79/189.70 resistance zone. We'd expect strong resistance from there to bring reversal. Meanwhile, below 181.65 minor support will suggest that rise from 175.49 has completed and will turn bias back to the downside for this support.
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GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Mar 03 15 07:54 GMT
With 181.65 minor support intact, further rally is expected in GBP/JPY for 187.79/189.70 resistance zone. We'd expect strong resistance from there to bring reversal. Meanwhile, below 181.65 minor support will suggest that rise from 175.49 has completed and will turn bias back to the downside for this support.
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GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Mar 02 15 09:04 GMT
Intraday bias in GBP/JPY remains on the upside. rebound from 175.49 would 187.79/189.70 resistance zone. We'd expect strong resistance from there to bring reversal. Meanwhile, below 181.65 minor support will suggest that rise from 175.49 has completed and will turn bias back to the downside for this support.
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GBP/JPY Weekly Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Feb 28 15 11:04 GMT
GBP/JPY's rebound from 175.49 extended to as high as 185.00 so far. Initial bias remains on the upside this week and such rebound would target 187.79/189.70 resistance zone. We'd expect strong resistance from there to bring reversal. Meanwhile, below 181.65 minor support will suggest that rise from 175.49 has completed and will turn bias back to the downside for this support.
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GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Feb 26 15 09:06 GMT
The rebound from 175.94 is still in progress and would extend. But we'd expect strong resistance from 187.79/189.70 resistance zone to bring reversal. Meanwhile, below 181.04 minor support will suggest that rise from 175.49 has completed and will turn bias back to the downside for this support.
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GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Feb 25 15 07:18 GMT
Intraday bias in GBP/JPY remains mildly on the upside. The rebound from 175.49 would possibly extend to 187.79/189.70 resistance zone. We'd expect strong resistance from there to bring reversal. Meanwhile, below 181.04 minor support will suggest that rise from 175.49 has completed and will turn bias back to the downside for this support.
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GBP/JPY Mid-Day Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Feb 24 15 15:29 GMT
GBP/JPY's rebound from 175.49 resumes by taking out 184.19 and reaches as high as 184.85 so far. Intraday bias is back on the upside for 187.79/189.70 resistance zone. We'd expect strong resistance from there to bring reversal. Meanwhile, below 181.04 minor support will suggest that rise from 175.49 has completed and will turn bias back to the downside for this support.
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GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Feb 24 15 05:38 GMT
Intraday bias in GBP/JPY stays neutral for the moment. Above 184.19 will bring further rise to 187.79/189.70 resistance zone. We'd expect strong resistance from there to bring reversal. Meanwhile, below 181.04 minor support will suggest that rise from 175.49 has completed and will turn bias back to the downside for this support.
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GBP/JPY Daily Outlook Print E-mail
GBPJPY Outlook | Written by ActionForex.com | Feb 23 15 07:42 GMT
Intraday bias in GBP/JPY stays neutral for the moment. Above 184.19 will bring further rise to 187.79/189.70 resistance zone. We'd expect strong resistance from there to bring reversal. Meanwhile, below 180.15 minor support will suggest that rise from 175.49 has completed and will turn bias back to the downside for this support.
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