- Harmonic Pattern – Bearish Bat pattern.
- Potential Reversal Zone (PRZ)- 148.15
- GBP/JPY is consolidating in narrow range between 146.93 and 145.14 for the past three trading session. The pair formed minor bottom around 138.67 and any further weakness can be seen only below that level. It is currently trading around 146.55.
- GBP was trading weak against dollar after weaker than expected UK manufacturing PMI and construction PMI data. Market awaits UK services PMI and FOMC minutes meeting today for further direction.
- On the lower side, near term support is around 145.02 (23.6% retracement of 138.67 and146.93) and any break below will drag the pair down till 143.58 (21- EMA)/142.75 (55- EMA).
- The near term resistance is around 147 and any break above will take the pair till 148.10 (May 10th 2017)/150.
It is good to sell on rallies around 146.70-146.75 with SL around 148.11 for the TP of 144.55/142.75.


FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
FxWirePro- Major Pair levels and bias summary
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro- Major Crypto levels and bias summary
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro: GBP/AUD eases slightly, focus on near-term support
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro: EUR/AUD slips after surprise U.S. employment data 



