FxWirePro- Major Crypto levels and bias summary 
BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
NZDJPY Dips to 95.10: Bulls Buy the Pullback as Key 93.50 Support Keeps Uptrend Intact 
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key 
FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/ZAR recovers some ground but outlook is bearish 
FxWirePro- Woodies pivot (Major) 
FxWirePro: EUR/AUD downward momentum remains in place 
FxWirePro- Major Crypto levels and bias summary 
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217 
FxWirePro- Major Crypto levels and bias summary 
GBPJPY is trading flat between 162.31 and 160.83 for the past three days. The pound sterling recovered above 1.1800 ahead of the Fed chairman's speech at the Jackson hole symposium. The pound sterling upside is capped as rising energy prices due to Russia and Ukraine war will affect the growth of the UK. Technically in the 4-hour chart, the pair is holding below short-term 21-EMA, 55 EMA, and below long-term 200 EMA (162.78). Any violation below 160.80 takes to the next level 160/159/158.GBPJPY hits an intraday high of 161.718 and is currently trading around 161.49.
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.
