- GBP/JPY is trading slightly above 152 level after a week of consolidation. The pair hits high of 152.51 on Friday and is currently trading around 152.36.
- The pair closed slightly above 152 on Friday and this confirm minor bullishness and jump till 153.40 is possible. It should break above 153.40 for jump till 155/157.
- The near term support is around 151.50 (55- 4H EMA) and any break below will drag the pair till 151.27 (100- 4H MA)/150.69 (200- 4H EMA)/150.10.
- Major economic indicator to be released is UK Manufacturing PMI. Any better than expected PMI data will take the pair further high.
It is good to buy on dips around 152.20-25 with SL around 151.80 for the TP of 153.40.


FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro- Major Crypto levels and bias summary
FxWirePro-Major European Indices
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: USD/CAD recovers slightly but trend is still bearish
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption 



