- GBP/JPY is consolidating after hitting a high of 142.33.The pair has broken trend line resistance around 141.50 on Friday and is currently trading around 142.07.
- Break above trend line resistance confirms minor bullishness, a jump till 143.80 is likely. Short term is trend is slightly as long as support 138 holds. Intraday trend is bullish as long as support 141.30 holds.
- On the higher side, near term resistance is around 142.80 (61.8% retracement of 145.40 and 138.67) and any break above will take the pair till 143.80 (200- 4H MA)/145.40 (May 25th 2017 high).
- The near term support is around 141.40 (23.6% retracement of 138.67 and 142.33) and any break below will drag the pair till 140.60 (4H Kijun-Sen)/138.65.
It is good to buy on dips around 141.75-80 with SL around 141 for the TP of 143.80
Resistance
R1-142.80
R2 -143.80
R3- 145.40
Support
S1-141.40
S2-140.60
S3-138.65


FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro- Major European Indices
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900
FxWirePro- Major Crypto levels and bias summary 



