 GBPJPY recovered after initial fall to 155.33 last week, but upside is kept well below 162.32 resistance. Initial bias remains neutral this week first. On the downside, break of 155.33 will resume the fall from 172.11 to 153.70 fibonacci level. Nevertheless, considering bullish convergence condition in 4 hour MACD, firm break of 162.32 will argue ... The post GBPJPY Weekly Outlook appeared first on Action Forex... 