- GBP/JPY is showing a minor decline after hitting high of 148.11 yesterday. The pair jumped 500 pips from the low of 143.19 made on May 29th 2018. The yen recovered slightly as US trade war with other countries still persist. GBP was trading slightly weak after hitting high of 1.34715 and is currently trading around 1.34035. USD/JPY has shown a minor selling and its overall trend is strong. Any close above 110.17 (200 –day MA) confirms further jump and it is currently trading around 109.34 GBPJPY is currently trading around 146.43.
- The pair is facing strong resistance at 147.20 (20- day MA) and any convincing break above will take the pair to next level till 148/148.45 (55- day EMA)/149.60 (200- day MA).
- On the lower side, near term major support is around 146.14 (38.2% fibo) and any convincing break below will drag the pair to next level till 145/143.20.
It is good to sell on rallies around 147.55-60 with SL around 148.50 for the TP of 145.
Resistance
R1- 148.50
R2 –149
R3- 150
Support
S1- 146
S2-145
S3-143.20


FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major US Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/AUD eases but bullish outlook persists
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention 



