GBPJPY showed a minor pullback of more than 100 pips from a low of 158.18. It hits an intraday high of 159.45 and is currently trading around 159.31.
GBPUSD- Trend- Bearish
The pound sterling lost its shine on board-based US dollar buying. US dollar index hits one-month high in hopes of further policy tightening by Fed. Market eye UK claimant count change for further direction. Any daily close below 1.2000 will drag the pair to 1.1890.
USDJPY- Bearish
The pair recovered sharply as BOJ Deputy governor Masayoshi Amamiya will take as BOJ Governor. Major support is 130/129.
GBPJPY analysis-
The near-term support is around 157.60, a breach below targets of 156.70/155.60/155. The immediate resistance is at 159.20, any violation above will take the pair to 160/161.80/163.
Indicators (4-hour chart)
CCI (50) –bearish
ADX- Bearish
It is good to buy above 160 with SL around 159 for a TP of 162.


FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD recovers some ground but bears are not done yet
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: USD/CAD bulls continue to hold the higher ground 



