Major resistance 148.29 (200- day MA)
GBPJPY has halted its 10 day winning streak after hitting high of 148.53.It has lost more than 100 pips from the high on account of weak GBP. It hits low of 147.20 and is currently trading around 147.50.
On the lower side, near term support is around 147 (5- day MA) and any break below will drag the pair down till 146.51 (7- day MA and 23.6% fib)/145.74/145.
The near term resistance is around 148.30 and any daily close above will take the pair to next level till 149.31/150.
It is good to sell on rallies around 148.10-20 with SL around 149.30 for the TP of 145.


FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro: USD/CNY edges higher, outlook bearish
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
FxWirePro: NZD/USD turns lower as USD regains footing
FxWirePro: AUD/USD cedes early gains ,outlook bearish
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro- Major Crypto levels and bias summary
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 



