GBPJPY trades higher for the seventh consecutive day on a weak yen. The pound sterling gained above 1.2550 ahead of US NFP data. Any dismal jobs data will push cable further higher. Any breach above 1.2660 confirms further bullishness. GBPJPY hits an intraday high of 163.50 and is currently trading around 163.35.
USDJPY
USDJPY hovering near 130 level on surging US Treasury yields. Markets eye US NFP and Biden's speech for further direction.
Technicals:
On the lower side, immediate support is around 162.50, below will drag the pair to the next level to 161.75/161/160/159. The minor resistance to be watched is at 163.50, a break above that level confirms intraday bullishness, and a jump to 164.25/165 is possible.
It is a good buy on dips around 162.50 with SL around 161.50 for TP of 165.


FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro- Major Pair levels and bias summary
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70 



