- Major support -156.23 (100 day HMA)
- Major resistance -158
- GBP/JPY has taken support near 100 day HMA and recovered from that level. It is currently trading around 157.09.
- Minor weakness can be seen only below 156.23. Any indicative break below 156.25 will drag the pair down till 155.50/155.25.The minor support is around 156.70 (1 Hour tenken-Sen)
- Short term bullish invalidation only below 153.50.
- On the higher side any break above 158 will take the pair to next level till 159/160.50/162.70.
It is good to buy at dips around 157-157.10 with SL around 156.23 for the TP of 158.40/160.


FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: USD/JPY holding bid into weekend
FxWirePro- Major European Indices
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: USD/CAD extends decline on broad dollar weakness 



