Crypto Bias Report: Trend Signals and Top Bullish Picks 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/CNY edges higher but bulls lack punch 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral 
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
GBPJPY trades flat despite weak pound sterling. It has lost its shine against the dollar and hit the lowest level since Mar 2020 on UK recession fears due to a surge in energy costs. US Fed chairman Powell's hawkish speech in Jackson hole also puts pressure on the cable. Technically in the 4-hour chart, the pair is holding above short-term 21-EMA, 55 EMA, and below long-term 200 EMA (162.58). Any violation below 161.45 takes to the next level 160.80/159/158. GBPJPY hits an intraday high of 162.18 and is currently trading around 161.89.
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 162.15-20 with SL around 163 for TP of 159.
