- Major resistance – 161.60 (trend line joining 175.01 and 164.09)
- Major support – 159.50
- The pair has recovered after making a low of 160.13. It is currently trading around 161.27.
- GBP/JPY is facing major resistance around 161.60 and break above targets 162.50/164.10 ins short term.
- The minor support is around 160.80 and break below will drag the pair down till 160/159.50/159.
- Short term weakness only below 159.
- Major trend reversal level on higher side is 164.10.
It is good to buy above 161.60 with SL of 160.80 for the TP of 162.50/164


FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro: GBP/AUD risks tilt further to the downside
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
FxWirePro- Major Pair levels and bias summary
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: EUR/AUD dips as Aussie gains after RBA decision
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro- Woodies pivot (Major)
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD range bound ahead of RBA policy decision
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217 



