FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop 
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support 
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00 
FxWirePro: GBP/AUD recovers slightly but bears are not done yet 
FxWirePro- Major European Indices 
FxWirePro- Major Crypto levels and bias summary 
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210? 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD hovers near three –month high, scope for further upside 
GBPJPY showed a massive sell-off on the weak Pound sterling. Most economists including Fitch lowered the forecasts for UK economic growth and have predicted deeper recession due to elevated inflation. The pound sterling lost more than 375 pips from its high of 1.14952. Any close below 1.100 confirms further bearishness. Technically in the 4-hour chart, holds below short-term 21-EMA,551 EMA, and long-term 200 EMA (161.88). Any convincing break below 161 will take the pair to the next level 160/159/158. GBPJPY hits an intraday low of 161.24 and is currently trading around 162.40.
The near-term resistance is around 162.25, a breach above targets 162.70/163.40/164.45.
Indicators (4-hour chart)
CCI (50) – Bullish
ADX- Neutral
It is good to sell on rallies around 162.45-50 with SL around 163.50 for a TP of 160/159.
