GBPJPY faced strong resistance near 200 -H EMA and showed a minor sell-off on the strong yen. It hits a high of 161.69 and is currently trading around 160.91
GBPUSD- Trend- Bearish
The pound sterling hits a 5-week high on board-based US dollar selling. Markets await US fed policy for further direction. Any close above 1.2300 will pull the pair to 1.2400.
USDJPY- Bullish
The pair trades in a narrow range after a massive sell-off due to banking turmoil. Major support is 130/127.
GBPJPY analysis-
The near-term support is around 160.70, a breach below the targets of 160/158.95/158.50. The immediate resistance is at 161.20, any violation above will take the pair to 161.70/162.10.
Indicators (4-hour chart)
CCI (50)- Weak
ADX- neutral
It is good to sell on rallies around 161.45-50 with SL around 162.50 for a TP of 158.95.


FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
Crypto Bias Report: Trend Signals and Top Bullish Picks
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro- Major Pair levels and bias summary
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
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: GBP/AUD under pressure as pound continues to weaken
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 



