FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ CNY remains soft ahead of Fed decision 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum 
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict 
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
Ichimoku Analysis (Hourly Chart)
Tenken-Sen- 149.65
Kijun-Sen- 150.64
GBPJPY is trading weak and lost more than 250 pips yesterday due to the weak Pound sterling. GBPUSD declined below 1.3700 levels after weak UK CPI data. The 12-month rate came at 0.4% YoY in Feb much below the estimate of 0.8%. The broad-based US dollar buying is also putting pressure on GBPUSD. The intraday trend of GBPJPY is bearish as long as resistance 150.20 holds.
Technical:
The pair's near-term resistance around 149.20, any break above targets 149.80/150.31. On the lower side, near-term support is around 148.50. An indicative violation below will drag the pair down to 147.92/147.40. Significant trend reversal only if it breaks below 147.40.
Ichimoku Analysis- The pair is trading below Tenken-Sen, Kijun-Sen, and Ichimoku cloud. This confirms intraday bearishness.
Indicator (Hourly chart)
CAM indicator –Bearish
Directional movement index –Bearish
It is good to sell on rallies around 150.65-70 with SL around 151.20 for the TP of 147.95.
