- GBP/JPY trades with a bullish bias on weekly charts.
- The pair is trading an extremely tight range, consolidating gains of the past two sessions.
- The pair has broken above 50-DMA on dailies and we see break of major trendline resistance.
- Momentum studies are bullish, we see scope for further upside.
- Major support levels - 133.61 (1h 20-SMA), 133, 132.35 (weekly 20-MA).
- Major resistance levels - 134, 136 (110-EMA).
- FxWirePro's Hourly Currency Strength Index at 0709 GMT stood as follows: GBP: +102.79, JPY: -78.9389
Recommendation: Good to go long on dips around 133.70, SL: 132.75, TP: 135.25


FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro: AUD/USD eases as investors await U.S. employment figures
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro: GBP/AUD eases slightly, focus on near-term support 



