EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro-Major European Indices 
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 
FxWirePro: USD/JPY catches bid ahead of BoJ meeting 
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout 
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout 
FxWirePro- Major Pair levels and bias summary 
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro: EUR/NZD steadies ahead of ECB meeting 
GBPJPY consolidating in a narrow range between 163.56 and 160.80 for the past five days. The pound sterling recovered from a two-year low as the US dollar slipped. Markets eye Fed chairman speech at Jackson hole symposium. Technically in the 4-hour chart, the pair is holding below short-term 21-EMA, 55 EMA, and below long-term 200 EMA (162.713). Any violation below 160.80 takes to the next level 160//159/158.GBPJPY hits an intraday high of 161.48 and is currently trading around 161.58.
The near-term resistance is around 162, a breach above targets 162.50/163/164.
Indicators (4-hour chart)
CCI (50) – Bearish
ADX- Neutral
It is good to sell on rallies around 161.75-80 with SL around 162.50 for TP of 159.
