FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro:USD/JPY hovers near a four-decade low 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
FxWirePro: USD/CNY edges higher but bulls lack punch 
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
Crypto Bias Report: Trend Signals and Top Bullish Picks 
GBPJPY trades flat after a minor pullback. The intraday trend remains bullish as long as support 167.30 holds. Markets eye UK PMI data for further direction. According to the OECD forecast, the UK economy would decline by 0.4% in 2023 and rise by 0.2% in 2024. Any close above 1.19500 confirms further bullishness, a jump to 1.2035 is possible. Technically in the 4-hour chart, GBPJPY holds above 21-EMA, 55- EMA, and long-term 200 EMA (166.20). Any convincing close above 168.65 will take it to the next level 169/170. GBPJPY hits an intraday low of 167.50 and is currently trading around 167.573
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The minor sell-off in USDJPY after four days of a bullish trend put pressure on GBPJPY at higher levels.
The near-term support is around 167, a breach below targets 166.20/165.
Indicators (4-hour chart)
CCI (50) – Bullish
ADX- Neutral
It is good to buy on dips around 167 with SL 166.20 for a TP of 169.
