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GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
- EUR/USD gains were capped at 1.1083, Euro is accelerating its fall against the Greenback ahead of European open
- Germany Gfk Consumer Confidence Survey came in as expected, meets forecasts (10.1) in August
- Investors remain cautious ahead of the FOMC, fail to take on major bets, signs of risk aversion in major European equity markets could further weigh
- Immediate support is seen at 1.1022 (21-Day MA/Low Jul 27), breach of which could take the pair to 1.10 levels
- Resistance on the upside is seen at 1.1099 (Session High Jul 28) and 1.1129 (Daily High Jul 27/55-DMA)
R1: 1.1099 (Session High Jul 28)
R2: 1.1129 (Daily High Jul 27/55-DMA)
R3: 1.1197 (Daily High Jul 13)
Support Levels:
S1: 1.1022 (21-Day MA/Low Jul 27)
S2: 1.0994 (Daily Cloud Base)
S3: 1.0969 (Session Low Jul 27)
