GBP/JPY made a high of 187.33 yesterday and has started to retreat from that level. It is currently trading at 186.74.
- On the downside major support is around 185.60 (23.6% retracement of 180.35 and 187.33) and nay break below will drag the pair further down till 184.75/184 in short term.
- The minor support is around 186.40
- Overall bullish invalidation only below 184.
- The pair's major resistance is around 187.33 and any break above will take the apir further up till 188/189.90.
It is good to sell on rallies around 186.75-80 with SL around 187.40 for the TP of 185.65/185.


FxWirePro- Major European Indices
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
Kiwi Under Pressure: NZDJPY Signals Bearish Turn as Resistance at 92.00 Holds Firm
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: USD/JPY holds range near 160 as intervention risks loom
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR sustains gains as uptrend remains strong 



