Harmonic pattern- Bullish Gartley Pattern
Potential Reversal Zone (PRZ)- 136
GBP/JPY was trading weak for past 7 trading session and lost more than 700 pips on account of weak Pound sterling. GBP was trading weak with all majors and has lost more than 500 pips from the temporary top made at 1.32132. GBPJPY hits low of 140.24 and is currently trading around 140.82.
On the higher side, near term resistance is around 141.50 and any break above will take the pair to next level till 143/143.60 (7- day MA)/144.43 (10- day MA).
The near term support is around 140 and any break below targets 138/136.
It is good to buy on dips around 140.50-55 with SL around 140 for the TP of 143.
Resistance
R1- 141.50
R2 - 143
R3- 143.60
Support
S1- 140
S2- 138
S3- 136


FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro: NZD/USD turns lower as USD regains footing
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
FxWirePro: USD/CNY edges higher, outlook bearish
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge 



