Major support - 128.26 (200- H MA)
Major resistance- 129.70
GBPJPY is consolidating between 129.67 and 128.25 for the past three days. The jump was mainly due to good recovery in GBPUSD. It has recovered more than 80 pips from low of 1.21124. Any break above 1.2180 will take the pair to next level till 1.2250.
The pair has shown a minor decline after hitting a high of 129.665. Any convincing break above will take the pair to next level till 130.06-130.30. Minor trend reversal only above 130.30 and break above targets 131.08/132.20/132.95.
On the flip side, an hourly close below 128.26 confirms weakness for the day and a dip till 127.50/126.54 is possible. The minor support is around 128.70.
It is good to buy on dips around 129.20-25 with SL around 128.60 for the TP of 130.30.


ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage 



