Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD extends decline on broad dollar weakness 
FxWirePro: USD/JPY holding bid into weekend 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
FxWirePro: EUR/AUD under pressure as key support gives way 
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 
FxWirePro: GBP/USD biased higher but rally currently stretched 
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro- Major Pair levels and bias summary 
Ichimoku Analysis (4-hour chart)
Tenken-Sen- 136.03
Kijun-Sen- 135.47
GBPJPY showed a minor decline of more than 100 pips from a high of 136.62 on a slight decline in Pounds sterling. GBP lost more than 50 pips against USD despite strong UK retail sales. The retail sales came at 13.9% MoM in June compared to a forecast of 8.5%. The Core Retail Sales for the UK climbed 13.5 MoM. The intraday trend is still on the higher side as long as support 134.12.
The 4-hour chart shows that the pair is trading slightly above 100- 200 MA (134.94/134.49). The near-term resistance is around 136.62, violation beyond targets 137.60. Any close above 137.6 will open doors for 140 levels. The near term support is around 134.94 and the indicative break below that level will drag the pair to the next level 134.35/133.90/131.75.
It is good to buy on dips around 134.85-90 around with SL around 134 for the TP of 137.60/140.
