Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY drifts lower, vulnerable to more downside 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/NZD edges up, remains on front foot 
FxWirePro: GBP/USD outlook weaker on renewed downside pressure 
Kiwi Under Pressure: NZDJPY Signals Bearish Turn as Resistance at 92.00 Holds Firm 
FxWirePro: GBP/NZD remains buoyant, looks to extend gains 
FxWirePro- Major European Indices 
FxWirePro: USD/JPY holds range near 160 as intervention risks loom 
FxWirePro- Major Pair levels and bias summary 
FxWirePro:NZD/USD remains vulnerable as Trump's latest deadline leaves investors on edge 
FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro- Woodies Pivot(Major) 
• GBP/USD slipped sharply lower on Tuesday as dollar rebounded strongly as Donald Trump’s inauguration reignited concerns over tariffs .
• Trump's tariff plans are a key focus for investors, as the size and scope of the tariffs will determine whether the dollar's post-election rally continues.
• Given the inflationary potential of tariffs, they are expected to shape expectations for how many rate cuts the Federal Reserve might implement this year.
• Technical signals are strongly bearish as RSI is at 39, daily momentum studies 5, 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.2361( 50%fib), any close above will push the pair towards 1.2487 (61.8%fib)
• Strong support is seen at 1.2230(38.2% fib) and break below could take the pair towards 1.2089 (23.6% fib).
Recommendation: Good to sell around 1.2260 with stop loss of 1.2330 and target price of 1.2160
