- Pattern formed – double bottom
- Major resistance – 131.80
- The pair has broken 10- day MA at 131.80 and jumped till 132.26 at the time of writing. It is currently trading around 132.15.
- GBP/JPY is trading well above short-term moving average 5- day MA (130.89) and 10- day MA (131.80). But it is trading slightly below daily Tenkan-Sen (132.45). Any break above Tenken-Sen will confirm minor bullishness, a jump till 134.25 (daily Kijun-Sen) /135.68 (55- day EMA) is possible.
- GBP/JPY’S support is around 129.60 and any minor weakness can be seen only below that level. Any violation below 129.60 will drag the pair down till 128.60/126.50 in the short term. The minor support is around 131.80/130.80
It is good to buy on dips around 132 with SL around 130.80 for the TP of 134.20/135.60


FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro- Major Pair levels and bias summary
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: AUD/USD eases as investors switch focus to RBA
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro: USD/JPY advances as traders test Japan's intervention resolve 



