Candle stick pattern-Shooting star
Bearish divergence (CCI (50) 4 hours chart)
GBPJPY was trading higher for past 10 days and jumped more than 700 pips on account of positive Brexit headlines. The pair hits high of 148.04 and lost more than 90 pips on profit booking. It hits intraday low of 147.17 and is currently trading around 147.26.
The near term support is around 147.06 (23.6% fib 143.78 and 148.04) and any violation below will take the pair to next level 146.17/145.69/145. Any further weakness only below 143.78 level.
On the higher side, near term resistance will be 148.05 high made yesterday and any break above will take the pair to next level till 148.73/149.48 (Nov 2018 high).
It is good to sell on rallies around 147.35-40 with SL around 148.05 for TP of 146/145.69.


AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: GBP/USD rises as soft US data pressures dollar
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro- Woodies pivot (Major)
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: GBP/AUD bears maintain upper hand
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 



