FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD remains bullish as rally continues 
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption 
GBPJPY is trading weak for a third consecutive week and lost more than 500 pips on a strong yen. US dollar index struggling to gain momentum after dovish rate hike by Fed. The nice pullback in pound sterling prevents the pair from further sell-off. Any break above 1.2250 confirms further bullishness. Technically in the 4-hour chart, the pair is holding below short-term 21-EMA, above 55 EMA, and long-term 200 EMA (164.01). Any breach below 160 will take the pair to next level to 157/155.60. GBPJPY hits an intraday low of 161.03 and is currently trading around 161.165.
The near-term resistance is around 162, with violations below 162.80/163.90.
Indicators (4-hour chart)
CCI (50) – Bearish
ADX- Bearish
It is good to sell on rallies around 162 with SL around 163 for TP of 160.
