GBPJPY is trading higher and jumped more than 200 pips from low of 143.78 made on Feb 22nd 2019. The pair has broken major resistance 145 after a long consolidation yesterday. GBP was trading higher against USD on hopes of delay in Brexit deal till 2021.Cable is trading above high of 1.31093 made on Feb 20th 2019 and a jump till 1.32179 Jan 25th high is possible. The pair hits high of 145.96 and is currently trading around 145.82.
The near term support is around 145.26 (300- day EMA) and any break below will drag the pair to next level till 144.65 (5- day MA)/144.05. Any break below 143.75 confirms bearish continuation.
On the higher side near term resistance is around 146 and any break above targets 147.92/148.73.
It is good to buy on dips around 145.10-20 with SL around 144 for the TP of 147.80.


FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Woodies pivot (Major)
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



