CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro- Major Pair levels and bias summary 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major European Indices 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
Chart - Courtesy Trading View
The British pound gained traction overnight as a reaction to upbeat UK employment data, pushing the pair higher.
UK inflation data for April month is due early on Wednesday at 06:00 GMT. UK headline CPI is expected to rise to 9.1% YoY figure versus 7.0% prior. The monthly CPI reading is likely to increase to 2.6% versus 1.1% prior.
While the Core CPI, which excludes volatile food and energy items, is likely to rise to 6.2% YoY, from 5.7% previous readouts.
Given the recently strong employment data released on Tuesday, coupled with the increased odds of the Bank of England’s (BOE) faster rate hike trajectory, today’s data will be crucial.
GBP/CHF surged past 200-DMA, but failed to hold gains, closed lower overnight and is currently hovering around the same levels.
The pair has faltered at 200-DMA on several occasions and decisive break above is required for further gains.
