- GBP/JPY declined more than 100 pips in today’s session on account sudden decline in GBP due to profit booking. Yen declined yesterday more than 100 pips as US –China trade war tension eases. The pair hits high of 150.50 and is currently trading around 149.18.
- The major resistance is around 150.60 (100- day MA) and any break above targets 150.95/151.50. The major trend reversal only above 150.95.
- On the lower side, near term support is around 149.10 (100- H MA and any close below will drag the pair till 148.70 (200- H MA)/148.
It is good to sell on rallies around 149.55-60 with SL around 150.50 for the TP of 146/145.
Resistance
R1-149.73
R2 – 150.60
R3-151
Support
S1-149.10
S2- 148.70
S3- 148


FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves
FxWirePro: GBP/AUD under pressure as the pair continues to weaken
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk
FxWirePro- Major Crypto levels and bias summary
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus
FxWirePro: AUD/USD grinds higher amid risk appetite revival
EUR/USD Eyes 1.1660 Breakout: Buying Dips Near 1.1530 as Geopolitical Tensions Ease
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2 



