- Major support – 129.06 (Aug 15th 2016 low).
- Major resistance – 134.30 (3 W EMA).
- GBP/JPY has once again declined sharply after breaking below 10 W MA. It is currently trading around 133.12.
- GBP trades weaker against all major pairs as Brexit related issues re-emerge. Cable break below 1.30 handle as UK’s Finance minister Hammond said that he is ready to give up EU membership in Brexit negotiations.
- The pair has slightly recovered after making a low of 132.75. It is facing strong resistance at 3- W EMA (134.30) and any break above will take the pair to next level till 134.70 (10- W MA). Any close above targets 135.72 (Weekly Tenken-Sen)/ 136.62 (Previous week high).
- On the lower side, major support is around 129.05 and any break below will drag the pair to next immediate support at 126.67 (113% retracement of 128.60 and 143.23)/125.
It is good to sell on rallies around 133.40-133.50 with SL around 134.70 for the TP of 129.05


FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Woodies Pivot(Major) 



