- GBP/JPY has shown a massive recovery of almost more than 300 pips from the low of 143.19 made previous week. The pair’s jump was mainly due to easing political uncertainty in Italy as of now. GBP was trading higher and has recovered almost more than 150 pips. GBP recovered slightly in today’s trading after slightly better than expected UK construction PMI. USD/JPY has shown a good recovery of almost more than 150 pips from low of 108.12 (100- day MA) and is currently trading around 109.48. GBPJPY is currently trading around 146.38.
- The pair is facing strong resistance at 146.75 and any convincing break above will take the pair to next level till 147.35 (20- day MA)/148.
- On the lower side, near term major support is around 145.40 (200- H MA) and any convincing break below will drag the pair to next level till 144.90 (100- H MA)/144.
It is good to buy on dips around 145.90-146 with SL around 144.90 for the TP of 148.


FxWirePro: USD/ZAR edges higher but bearish outlook persists
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: GBP/USD advances on steady UK GDP growth
FxWirePro- Major Pair levels and bias summary
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro- Woodies Pivot(Major)
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary 



