- GBP/JPY has recovered sharply after declining almost more than 100 pips yesterday. Pound sterling was trading higher for past three weeks and broken high made on 1.43455 Jan 25th 2018. The pair jumped almost 400 pips in month of Apr till now on hopes of rate hike by BOE. The pair hits low of 152.65 and shown a 100 pips jump from that level. It is currently trading around 153.74. Market eyes UK employment data to be released today for further direction.
- The major resistance is around 153.85 and any convincing break above targets 155/156.50.
- On the lower side, near term support is around 153.20 (hourly Kijun-Sen) and any close below will drag the pair till 152.65 (20- H MA)/151.77 (200- H MA).
It is good to buy on dips around 153.25-30 with SL around 152.65 for the TP of 154/154.50..


FxWirePro- Major Crypto levels and bias summary
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Major Pair levels and bias summary
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Woodies Pivot(Major)
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/USD dips lower on negative UK retail sales data 



