- GBP/JPY has been once again shown good selling after hitting high of 150.01 yesterday. The pair decline was mainly due to slight dip in Pound sterling after hitting trend line resistance at 1.40699. The pair hits low of 149 and is currently trading around 149.30.
- The GBP was showing profit booking against all majors yesterday but downside is limited as due to strong economy and wage growth rate. BOE is expected to hike rates much faster than expected. GBP/JPY technically facing strong resistance around 150 and any break above will take the pair to next level till 150.50/150.82. Any break above 150.82 targets 151.30/152.18. Any close above 152.18 confirms further bullishness and a jump till 153/153.50 likely.
- On the lower side, near term support is around 149 and any break below will drag the pair till 148.50 (38.2% fibo)/147.95.
It is good to buy on dips around 148.50-60 with SL around 147.96 for the TP of 150.82/151.30.


FxWirePro: USD/JPY edges higher as yen weakens on BOJ policy uncertainty
FxWirePro: GBP/USD dips as strong U.S. data boosts greenback
Institutional Whale Surge: ETHUSD Trends Higher as Bitmine Amasses 4.97 Million Ether
Solana at a Crossroads: Triple Bottom Support Offers Lifeline for SOL Bulls
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/USD recovers from early dip but upside is limited
FxWirePro: GBP/NZD slips amid prolonged geopolitical uncertainty
Euro Under Pressure: EURUSD Retreats Amid Escalating Middle East Tensions
Aussie Retreat: AUDJPY Sees Minor Profit-Taking After Touching Multi-Year Peak
FxWirePro: USD/CAD dips as weaker dollar gives bears some traction
FxWirePro- Woodies Pivot(Major)
FxWirePro: NZD/USD firms as Q1 NZ CPI runs hotter than expected
FxWirePro- Major European Indices
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
Bitcoin Rises on Diplomatic Hopes: Bulls Eye $85,000 Ahead of Ceasefire Talks 



