NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
FxWirePro: GBP/NZD remains bullish as rally continues 
FxWirePro- Major Pair levels and bias summary 
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major Crypto levels and bias summary 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting 
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
FxWirePro- Major European Indices 
GBPJPY lost its shine and lost more than 200 pips yesterday on a strong yen. The yen was one of the best performers against all majors on risk- aversion and board-based US dollar selling. The minor profit booking in the Pound sterling also puts pressure on the pair at higher levels. Any break above 1.2300 confirms further bullishness. Technically in the 8-hour chart, the pair is holding below short-term 21-EMA, above 55 EMA, and long-term 200 EMA (163.105). Any breach below 160 will take the pair to next level to 157/155.60. GBPJPY hits an intraday low of 160.02 and is currently trading around 160.19.
The near-term resistance is around 160.50, with violations above 161.50/162.21/163.
Indicators (4-hour chart)
CCI (50) – Bearish
ADX- Bearish
It is good to sell below 160 with SL around 161 for TP of 155.80.
