Harmonic pattern formed: Bearish BAT pattern
Potential Reversal Zone (PRZ)- 188
- GBP/JPY has recovered till 187.33 after making a low of 185.92 yesterday. It is currently trading at 186.25.
- Short term trend is bearish as long as resistance 187.50 holds.
- Any break above 187.50 will take the pair to next level till 188.
- Overall trend reversal only above 188.
- On the downside minor support is around 185.80 and any break below will drag the pair till 185/184.30.
It is good to sell on rallies around 186.85-90 with SL around 188 for the TP of 185/184.30


FxWirePro: GBP/NZD range to extend until there is game changing news
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains 



