GBPJPY has halted its 2 days of a winning streak and jumped more than 150 pips from low of 135.38. The pair declined nearly 50 pips till 136.53 after BOE monetary policy meeting. BOE has kept rates unchanged at 0.75% and slashes its second-quarter growth forecast to zero. The pound sterling has lost nearly 45 pips against USD after the BOE meeting. Any major bullishness only above 1.2750.
On the flip side, near term support is around 136.35 and any violation below will drag the pair till 136/135.38. Any bearish continuation only below 135.38.
The near term resistance is around 137.20 and any convincing break above targets 137.75/138.32. The decline from 148.85 will halt at 135.38 unless it breaks above 138.32.
It is good to sell on rallies around 136.75-80 with SL around 137.25 for the TP of 135.50.


NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 



