FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets 
FxWirePro- Major Pair levels and bias summary 
BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K 
FxWirePro: GBP/NZD extends decline , vulnerable to more downside 
FxWirePro: USD/JPY upside capped as intervention risk limit upside 
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists 
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage 
FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/ZAR recovers some ground but outlook is bearish 
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target 
FxWirePro: USD/JPY remains in familiar place on intervention threat 
AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85 
GBPJPY pared most of its gains after the Bank of England monetary policy. The central bank hiked rates by 50 bpbs to 1.75%, the biggest increase in 27 years. It has forecast 13% inflation by end of the year and warned of recession later this year. The pound sterling declined sharply against the US dollar , any breach below 1.060 confirms further bearishness. Technically in the hourly chart, the pair is holding below short-term 21-EMA, above 55 EMA, and long-term 200 EMA (162.87). Any violation below 161 will drag the pair to 160/159/158. GBPJPY hits an intraday high of 162.02 and is currently trading around 161.91.
The near-term resistance is around 162.50, a breach above targets 163.05/164.
Indicators (4-hour chart)
CCI (50) – Bearish
ADX- Bearish
It is good to sell on rallies around 162.55-60 with SL around 163.25 for TP of 16
