GBPJPY trades range-bound with no follow-through selling. The pound sterling regained from a 2-year low ahead of US CPI and Brexit optimism. The overall trend of GBPUSD is still weak as demand for safe-haven assets improved. Any breach above 1.2360 confirms intraday bullishness. GBPJPY hits an intraday high of 160.87 and is currently trading around 160.80.
USDJPY
USDJPY recovered above 130 despite declining US treasury yields. The intraday bullishness is only above 131.50.
Technicals:
On the lower side, immediate support is around 160, breach below will drag the pair to the next level to 159/158. The minor resistance to be watched is around 162, a break above that level confirms intraday bullishness, and a jump to 162.85/164.25 is possible.
It is good to sell on rallies around 161.55-60 with SL around 163 for the TP of 159/156.


EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
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/CAD downtrend slows, but bearish sentiment remains
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro- Major Crypto levels and bias summary
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 



