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AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop 
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores 
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NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop 
- Major resistance - 139.45 (50- day MA).
- GBP/JPY has shown a massive jump yesterday after making a low of 135.59. The pair broken major resistance of 138 and jumped till 139.96. It is currently trading around 140.08.
- GBP has made a flash rally yesterday after UK PM May shock decision to call a snap general election for Jun 10th.GBP hits highest level since Oct 2016 against USD yesterday.
- On the higher side , the pair is showing a minor jump above 50- day MA today morning. Any break above 139.45 will take the pair to next level 140.19/141.16 (100- day MA).
- The near term support is around 139 (55- day EMA) and any break below will drag the pair till 138 (21- day EMA)/ 137.78 (daily Tenken-Sen).
It is good to buy on dips around 139.65-70 with SL around 139 for the TP of 141.16.
- The near term support is around 139 (55- day EMA) and any break below will drag the pair till 138 (21- day EMA)/ 137.78 (daily Tenken-Sen).
Resistance R1-140
R2 -141.16
R3- 142
Support
S1-139
S2-138
S3-137.78
