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FxWirePro: GBP/USD slips as dollar rebounds from six-week low 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
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FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY edges higher, outlook bearish 
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish 
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FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
- GBP/JPY has halted its one week weakness and shown a minor recovery from the low of 143.20 (100- W MA). The pair lost almost 700 pips from the minor top formed at 150 on account of increasing geo political uncertainty especially in Italy. US dollar was trading weak after Italian President gives populist more time to form a government. GBP hits low of 1.32045 and shown a huge recovery of more than 100 pips on account of weak dollar. USD/JPY has shown a minor recovery from low of 108.12 (100- day MA) and is currently trading around 108.78. GBPJPY is currently trading around 144.85.
- The pair is facing strong resistance at 145 and any convincing break above will take the pair to next level till 146.18 (365- day MA)/146.66/147.The minor resistance is around 147.82.
- On the lower side, near term major support is around 143 and any convincing break below will drag the pair to next level till 140.
It is good to buy on dips around 145 with SL around 144.25 for the TP of 147.
