- GBP/JPY has shown a minor jump after three days of continuous weakness. The pair jumped nearly 100 pips from the low of 144.98. The pair’ minor recovery only due to short covering. It is currently trading around 145.52.
- The yen was trading strong on account increasing demand for safe haven. GBP/JPY’s near term resistance is around 147.08 (233- day MA) and any break above will take the pair to next level till 147.75 (200- day MA)/148.50. Any close above 150 confirms minor bullishness, a jump till 150.50/150.82.
- On the lower side, near term support is around 144.80 (trend line joining 135.59 and 139.30) and any break below will drag the pair till 144/143.60.
- Momentum indicators RSI is at 23 indicate over sold and a slight jump till 147.05/147.75.
It is good to buy on dips around 145.15-20 with SL around 144.70 for the TP of 146.60/147.05.


FxWirePro- Woodies pivot (Major)
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
Bitcoin Bulls Hold Key EMAs Above $64,000—Is a Rally Toward $70,000 Next?
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: AUD/USD grinds higher amid risk appetite revival
FxWirePro: GBP/AUD under pressure as the pair continues to weaken
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk
FxWirePro: USD/ZAR extends decline, scope for further downside 



