- GBP/JPY was trading higher and has jumped almost 180 pips form the yesterday low of 149.09. The pair recovery was mainly supported by weakness in yen on easing volatility in stock market. The pair broken the temporary top around 150.82 and jumped till 150.93. It is currently trading around 150.71.
- The JPY was trading weak against all majors yesterday on easing global volatility has reduced demand for safe haven. USD/JPY jumped slightly above 10- day MA and it should break above 108.27 for further bullishness. GBP/JPY technically has broken above 150.82 and a jump till 151.30/152.18 is possible. 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 150.50 and any break below will drag the pair till 150.13 (233- H MA)/149.50.
It is good to buy on dips around 150.45-50 with SL around 149.80 for the TP of 151.30/152.15.


FxWirePro: GBP/USD dips as strong U.S. data boosts greenback
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: USD/ZAR recovers some ground but upside is limited
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD drifts lower could be on verge of bigger drop
Yen Under Siege: NZDJPY Bulls Eye 96.00 Amid Broad Japanese Weakness
Euro Under Pressure: EURUSD Retreats Amid Escalating Middle East Tensions
FxWirePro: USD/CAD dips as weaker dollar gives bears some traction
Institutional Whale Surge: ETHUSD Trends Higher as Bitmine Amasses 4.97 Million Ether
FxWirePro: AUD/USD stalls as uncertainty around the U.S.-Iran outlook peace talks weighed on risk sentiment
FxWirePro- Major European Indices
Sterling Surge: GBPJPY Rebounds from Fibonacci Support as Yen Weakness Persists
FxWirePro: USD/CAD shows upside momentum, but bearish outlook remains
Aussie Retreat: AUDJPY Sees Minor Profit-Taking After Touching Multi-Year Peak
FxWirePro: GBP/USD recovers from early dip but upside is limited 



