Ezechiel Copic's report:
Support for GBPUSD is holding at the previous resistance level of 1.7820. Additional support remains at 1.7720, back by a firm foundation at 1.7660. Upside is capped at 1.79, followed by 1.7918 – the 61.8% retracement of the decline from 1.8313 to 1.7272.
USDJPY resistance holds at 112.50, followed by 113.00 where we see increased selling pressure for now. Support starts at 111.80, backed by 111.50. Key support stands at the 3-month trend line support at 110.75--of the line extending from the 104.20 low to the 106.49 low. Next key support stands at the 110.08—the 38% retracement of the 104.20-113.71 rally.
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