Thursday, October 15, 2026

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FxWirePro:GBP/JPY faces major intraday support at 144, good to buy on dips

Major support – 144 (200 H MA and Gann fan (2*1) Major resistance – 145 The pair has taken support near 200 –HMA and jumped slightly from that level. It is currently trading around 144.40. The intraday trend is slightly …

By FxWirePro Team
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FxWirePro:GBP/JPY faces major intraday support at 144, good to buy on dips
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  • Major support – 144 (200 H MA and Gann fan (2*1)
     
  • Major resistance – 145
     
  • The pair has taken support near 200 –HMA and jumped slightly from that level. It is currently trading around 144.40.
     
  • The intraday trend is slightly bullish as long as support 143.95 holds. Any violation below 143.95 will drag the pair down till 143.40/143.10.
     
  • On the higher side, any break above 144.52 will take the pair to next level till 145/145.70 in the short term.

    It is good to buy on dips around 144.30 with SL around 143.95 for the TP of 145/145.60

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By FxWirePro Team