Thursday, October 15, 2026

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GBP/JPY Short term Outlook

Major resistance - 152 (3 W EMA) Major support - 145 GBP/JPY have recovered after making a 3- year low at 145.38 yesterday and closed at 149.40. The pair should break above 152 for slight bullishness. On the higher side …

By FxWire Pro
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GBP/JPY Short term Outlook
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Major resistance - 152 (3 W EMA)

Major support - 145

  • GBP/JPY have recovered after making a 3- year low at 145.38 yesterday and closed at 149.40. The pair should break above 152 for slight bullishness. 
     
  • On the higher side , any break above 152 will take the pair to next level till immediate 155/158. 
     
  • The pair's support is around 145 and any break  below  145 will drag the pair till 143.95/140.40. The minor support is around 147.90/146.

    It is good to sell on rallies around 153 with SL around 155 for the TP of 145. 

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