- GBP/JPY is continuing its huge bullish trend for second consecutive days on account rising GBP against all majors on hopes rate hike by BOE. The easing tensions in Middle East has reduced demand for safe haven assets like Yen. It also supporting the price of GBP/JPY. The pair has broken high of 152.25 and jumped sharply more than 150 pips. It hits high of 153.84 and is currently trading around 153.67 US dollar index recovered sharply against all pairs on hopes of more than three rate hikes this year. GBP declined almost 50 pips from today’s high. Market eyes US jobless claims data for further direction. It is currently trading around 153.60.
- The major resistance is around 152.20 and any convincing break above targets 152.75/154.
- On the lower side, near term support is around 153.25 (hourly Tenken-Sen) and any break below will drag the pair till 152.50/152..
It is good to buy on dips around 153 with SL around 152.20 for the TP of 155.


FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: AUD/USD bulls struggles as upside momentum fades
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro- Major European indices
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: USD/CNY partially recovers early session losses
FxWirePro: GBP/USD biased higher but rally currently stretched
ETH/USD Outlook: Ethereum Targets 2,770 USD as Support Holds Near 2,150 USD
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
BTC/USD Eyeing 80,000 USD: Bullish Buy-the-Dip Opportunity Amid Geopolitical Friction
NZD/JPY Eyeing 95.00: Bullish Trend Holds Amid Strategic Consolidation
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro- Woodies Pivot(Major)
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 



