 GBPJPY edged higher to 161.22 last week but failed to break through 162.32 resistance and reversed. Initial bias is now on the downside this week for 155.33 support first. Firm break there will resume whole decline from 172.11 to 153.70 fibonacci level. On the upside, above 158.09 minor resistance will turn intraday bias neutral first. ... The post GBPJPY Weekly Outlook appeared first on Action Forex... 