- GBPJPY is continuing its weakness for second consective days and has declined til 144.38. The pair dipped more than 2.5% form the high of 148.11 made in previous week. GBP was trading weak against all majors on account of strong US dollar index. US dollar index has broken major resistance 95.13 and is trading around 95.18. GBPJPY hits intraday low of 144.58 and is currently trading around 144.75.
- The pair is trading slightly below 145 and it confirms minor trend reversal and a decline till 143 is likely.
- On the higher side, near term resistance is around 146 (support turned into resistance) and any break above will take the pair to next level till 147.10/148. It should break above 148.11 for further jump till 150.
It is good to sell on rallies around 146-146.10 with SL around 147.10 for the TP of 143.25.
Resistance
R1- 146.10
R2 –147
R3- 148.11
Support
S1- 145
S2-143.20
S3-140


FxWirePro: GBP/AUD moves lower on weak UK data
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
FxWirePro: USD/CAD slips as oil rally boosts loonie
FxWirePro- Major Pair levels and bias summary
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary 



