FxWirePro- Major pair levels and bias summary 
FxWirePro : GBP/AUD slides below 2.09 following UK PMI miss 
FxWirePro: USD /ZAR rebounds after South African CPI dips below SARB band 
FxWirePro- Major US Indices 
FxWirePro: EUR/NZD eases as trade deal optimism lifts risk appetite 
FxWirePro: USD/CNY dips as Trump’s comments help ease market tensions 
FxWirePro: USD/MXN pulls back from lows as trade anxiety recedes 
EUR/JPY Technicals: Awaiting Breakout for Clear Direction 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/ZAR firms as rand on back foot as investors seek budget clarity, tariff relief 
FxWirePro:USD/CAD gains some ground , but overall tone stays negative 
FxWirePro- EURUSD Trade Idea 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
FxWirePro: NZD/USD consolidates around 0.5955, good to buy on dips 
Gold's Downturn: Selling Opportunity or Temporary Dip? 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
Pattern formed- Three drives pattern (Bullish)
The GBP/JPY was one of the worst performers this week on board-based yen buying. It hit a low of 185.57 at the time of writing and is currently trading around 186.27. Intraday trend is bullish as long as support 185 holds.
The GBP/JPY pair is trading below 34 and 55 EMA (Short-term) and 200 EMA (long-term on the 4-hour chart, confirming a bearish trend. Immediate resistance is at 186.75, a breach above this level targets of 187.15/187.88/189/189.50/190/191/191.75/192.30/193. Downside support is at 185.50 with additional levels a 183/180.
Market Indicators
CCI (50)- Bearish
Directional movement index - Bearish
Trading Strategy: Buy on dips
It Is good to buy on dips around 185 with SL around 183 for a TP of 190.
