Major resistance 148.29 (200- day MA)
GBPJPY has halted its 10 day winning streak after hitting high of 148.53.It has lost more than 100 pips from the high on account of weak GBP. It hits low of 147.20 and is currently trading around 147.50.
On the lower side, near term support is around 147 (5- day MA) and any break below will drag the pair down till 146.51 (7- day MA and 23.6% fib)/145.74/145.
The near term resistance is around 148.30 and any daily close above will take the pair to next level till 149.31/150.
It is good to sell on rallies around 148.10-20 with SL around 149.30 for the TP of 145.


FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: GBP/USD slips as dollar rebounds from six-week low
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: AUD/USD firms after upbeat consumer spending data
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro- Major Crypto levels and bias summary
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro: NZD/USD turns lower as USD regains footing
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY edges higher, outlook bearish 



