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EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets 
• GBP/AUD largely consolidating recent rebound on Thursday as investors analyzed the Bank of England's monetary policy trajectory .
• Bank of England Chief Economist Huw Pill seen as a centrist on the MPC, declined to comment on whether markets were right to be focused on an August rate cut, and said it was right to maintain a restrictive stance for interest rates.
• A close above 1.9221 (38.2%fib ), will trigger a new bullish phase with potential for 1.9300.
• Technical are bullish, daily RSI is rising, simple moving averages 5, 9 and 10 are trending up.
• Immediate resistance is located at 1.9221 (38.2%fib ), any close above will push the pair towards 1.9288( April 10th high)
• Strong support is seen at 1.9114 (50%fib ) and break below could take the pair towards 1.9052 (Lower BB ).
Recommendation: Good to buy on dips around 1.9190 with stop loss of 1.9070 and target price of 1.9250
