EUR/JPY

EUR/JPY maintain the position near high as USD/JPY falling. The pair might continue trading upward, and a bearish correction toward 167.348 is a chance for traders to add long positions. As the overall situation is bullish, traders better avoid shorting the pair until a major bearish reaction happen.

Today’s critical levels to watch:

Support: 166.50, 165.00, 163.00

Resistance: 170.00

EUR/GBP

EUR/GBP is consolidating between 0.8525 – 0.8580 after the latest upward movement. The pair might pause and gather more momentum to move upward. On the upside, a retest on the 0.8700 – 0.8750 will become the target of the current bullish movement. Traders could use the 0.8500 – 0.8580 area as a place to add long positions.

Today’s critical levels to watch:

Support: 0.8530, 0.8500, 0.8430, 0.8400, 0.8325

Resistance: 0.8580, 0.8600, 0.8700, 0.8750

GBP/JPY

GBP/JPY breakout and close above 198.00 the first time since Jan’25. The pair immediately fall and retest the level today and managed to bounce higher. At the current time, the pair is trading near the opening level and might close the day near it. We expect the pair to continue the bullish movement and test the 200.00 level soon.

Today’s Critical level to watch:

Support: 198.00, 195.00, 193.50, 190.00, 188.00

Resistance: 200.00

GBP/CHF

GBP/CHF stay under bearish pressure, but it stalls near the 1.0920 – 1.0950 area. The pair might consolidate near the current level and gather momentum to continue the bearish movement. On the lower side, 1.0800 is the target to watch. We expect the pair to continue the bearish movement and print a new lower swing low. However, a close above 1.1100 might delay the bearish scenario and a close above 1.1200 will cancel it.

Today’s critical levels to watch:

Support: 1.0800, 1.0600, 1.0500

Resistance: 1.1000, 1.1200