- Major resistance- 137.95 (trend line joining 138.83 and 138.32).
- Major support – 137.50 (55- H EMA).
- The pair has taken support near 55- H EMA and jumped from the level. It is currently trading around 138.03.
- GBP/JPY breaks minor trend line resistance around 137.95 and jumped till 138.17 at the time of writing.
- On the higher side, major resistance is around 138.85 and any break above targets 140/142.40. Any break below 55- H EMA will drag the pair to next immediate level till 137.08 (90- HEMA)/136.25 (9 –W EMA).
- Short term weakness only below 136.25 level.
It is good to buy on dips around 138 with SL around 137.50 for the TP of 138.85/140.


FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 



