- GBPJPY broken major support at 141.26 previous week low and started to decline from that level. The pair has close well below that level in the weekly chart. It is currently trading around 140.39.
- Short term trend is weak as long as 143.20 (21- day EMA) holds. Any break above confirms minor bullishness, a jump till 144/145 likely. Overall bearish invalidation only above 147.70. The minor resistance is around 142.
- On the lower side, near tern support is around 140 and any break below will drag the pair down till 138.67 (Jun 12th 2017 low)/135.59 (Apr17th 2017 low).
It is good to sell on rallies around 140.85-140.90 with SL around 142 for the TP of 138.67/135.60.


FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: USD/JPY holding bid into weekend 



