- Major resistance – 132.50 (7 day EMA).
- The pair has erased gains sharply after making a high of 132.50 yesterday. It is currently trading around 130.95.
- GBP/JPY breaks major support 132 and declined till 130.36.
- Yen continues to surge against all major pairs as weakness in global equity markets has supportive for safe haven appeal.
- In the hourly chart GBP/JPY is trading slightly below Kijun-Sen (131.45). So it should break above 131.50 for further bullishness.
- On the higher side, the pair should break above 132.50 (7 day EMA) for further bullishness. Any break above 132.50 will take the pair till 133.25/133.80/134.05/135.25.
- It must break above 140 for the short-term trend reversal. The support is around 132 and any break below will drag the pair till 130/128.60 (Jul 6th low).
It is good to sell on rallies around 132.35 with SL around 133.35 for the TP of 130/128.65
Resistance
R1- 132.50
R2-133.25
R3-134.05
Support
S1-130
S2-128.60
S3-127


FxWirePro- Major Crypto levels and bias summary
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY advances as traders test Japan's intervention resolve
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro- Major Pair levels and bias summary
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro:' USD/CAD faces downside risk below 1.4000
Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores 



