Major Support - 145 (trend line support)
GBPJPY is trading extremely weak and lost nearly 300 pips on account of Brexit uncertainty and strong yen. The pair hits low of 145.01 and shown a minor jump on account of better than expected UK retail sales data. UK retail sales rose 0.4% in Feb compared to forecast of -0.4% but slightly less than previous month 0.9%. Markets eye BOE “Super Thursday” for further direction. The pair hits low of 145.06 and is currently trading around 145.22.
On the lower side any convincing break below 145 will take the pair to next level till 143.75/143.
The near term resistance is around 145.89 and any break above will take the pair to net level till 146.20/146.87/147.38 (61.8% fib). It should break above 148.05 for further bullishness.
It is good to sell on rallies around 145.25-30 with SL around 146 for the TP of 143.75.


Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: GBP/USD recovers but bears are not done yet again
NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro: GBP/NZD uptrend loses momentum but bullish setup remains
FxWirePro: GBP/NZD range to extend until there is game changing news 



