FxWirePro: USD/CNY dips as yuan firms on improving risk appetite 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
JPY Action Bias: Bullish Pairs to Watch Out For 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
FxWirePro- Woodies pivot (Major) 
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally 
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path 
FxWirePro:USD/JPY hovers near a four-decade low 
GBPJPY showed a minor pullback from a low of 162.25 levels. The pound sterling pared some of its gains made during the Asian session after dismal UK unemployment data. It rose unexpectedly to 3.8% in Apr. Technically in the 4-hour chart, the pair is holding below short term (21- and 55 EMA) and 200 MA (164.67). Any break below 163.50 will drag the pair down to 162.68/162. GBPJPY hits an intraday low of 163.329 and is currently trading around 163.34.
The near-term resistance is around 164.35, any breach above targets 165/165.31/166.15.
Indicators (Hourly chart)
CCI (50)- Bearish
ADX- Neutral
It is good to sell on rallies around 163.48-50 with SL around 164.32 for TP of 162/160.
