- Major resistance – 153 (trend line joining 151.97 and 152.81).
- GBP/JPY has broken major resistance 153 yesterday and jumped till 153.34. The pair formed a minor bottom around 151.50 and any major weakness only below that level. It is currently trading around 153.40.
- Intraday bias is upside and any minor weakness for the day only below 151.50.
- The pair has taken support near 34 H EMA yesterday and shown almost 120 pips jump. The major resistance is around 153.40 high made on Dec 8th 2017 and any convincing break above confirms minor trend reversal. Break above 153.40 will take the pair till 155/155.88 (161.8% retracement).
- The near term support is around 152.50 (55- H EMA) and any break below will drag the pair till 152/151.50.
It is good to buy on dips around 153.15-20 with SL around 152.50 for the TP of 155.


FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro-Major European Indices
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro: USD/ZAR bears maintain upper hand
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout 



