FxWirePro- Woodies pivot (Major) 
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700 
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K 
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700 
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data 
FxWirePro: USD/ZAR recovers some ground but outlook is bearish 
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217 
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117 
FxWirePro: EUR/AUD downward momentum remains in place 
FxWirePro: USD/JPY upside capped as intervention risk limit upside 
GBPJPY is trading higher for the second consecutive day on a weak yen. The yen lost its shine after upbeat US CPI data and hits a 23-year low against the USD. According to the CME Fed watch tool, the probability of a 100 bpbs rate hike in Jul rose to 82.1% from 7.6% a week ago.
Technically in the 4-hour chart, GBPJPY the pair is holding above short-term 21-EMA, 55 EMA, and long-term 200 EMA (163.65). Any breach above 164.50 will take the pair to next level to 165/166. GBPJPY hits an intraday high of 164.05 and is currently trading around 164.03.
The near-term support is around 163.45, any violation below targets 163/162.35/161.80.
Indicators (4-hour chart)
CCI (50) - Bullish
ADX- Neutral
It is good to buy on dips around 163.55-60 with SL around 163 for TP of 165/166.
