FxWirePro- GBPJPY Daily Outlook
GBPJPY declined slightly on the weak Pound sterling. It is holding below 1.3050 against the US dollar after the Fed Chairman's speech. Markets eye BOE governor Bailey's speech for further direction. Any hawkish stance by Governor will push the GBP higher against the USD. Any breach below 1.2970 confirms further bearishness. GBPJPY hits an intraday high of 167.59 and is currently trading around 167.29.
USDJPY
USDJPY showed a pullback above 128 levels on surging US bond yields. Any intraday weakness is only below 127.
Technicals:
On the lower side, immediate support is around 166, breach below will drag the pair to the next level to 165/163.90/162.85. The minor resistance to be watched is around 168, a break above that level confirms intraday bullishness, and a jump to 168/170 is possible.
It is good to buy on dips around 166 with SL around 165 for the TP of 168.


CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD moves lower on weak UK data
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 



