- Major resistance- 152 (38.2% retracement of 195.88 and 124.72).
- GBP/JPY is in bullish trend for the past one week. The pair jumped from the close of 142.19 till 151.55 previous week. It is currently trading around 150.61.
- The pair is showing a minor decline after hitting a high of 151.58.Any bullish continuation only above 152 level. The momentum indicator RSI is in over bought zone and showing bearish divergence. So slight dip till 148 likely.
- On the higher side, any break above 152 will take the pair to next level till 153.50/155.
- The near term support is around 150 and any break below will drag the pair down till 149.12 (23.6% retracement of 141.19 and 151.58)/148.19 (5- day MA).
It is good to sell on rallies around 151 with SL around 152 for the TP of 149.15/148.20.


FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro- Major European Indices
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 



