- Major support 153.05 (20- day MA).
- GBP/JPY has been declined sharply after jumping till 155.85 yesterday. The pair declined almost 140 pips and hits low of 153.41. It is currently trading around 153.88.
- Intraday trend is bearish as long as resistance 155.07 (61.8% fibo) holds.
- On the lower side, major support is around 153 (20- day MA) and any break below will drag the pair to next level till 152.45/15. Major weakness can be seen below 151.65.
- The near term resistance is around 154.05 (23.6% fibo) and any break above will take the pair to next level till 155/155.85.
It is good to sell on rallies around 154.25-30 with SL around 155 for the TP of 153/151.70.


EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/ZAR edges higher but bearish outlook persists
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro- Major European Indices
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 



