GBPJPY lost its shine after three weeks of the bullish trend. It hits a high of 172.32 and is currently trading around 169.93.
GBPUSD- Trend- Bullish
The pound sterling showed a minor pullback on US banking turmoil. The collapse of the First republic bank has dragged the US dollar index lower. Markets eye US Fed monetary policy for further direction. Any close below 1.2430 will take the pair to 1.2380/12350.
USDJPY- Bullish
The pair pared some of its gains ahead of Fed monetary policy. Significant resistance is 138/140.
GBPJPY analysis-
The near-term support is around 169.80, a breach below the targets of 168.85/168/166. The immediate resistance is at 172.50, any violation above will take the pair to 174/175.
Indicators (4 Hour chart)
CCI (50)- Bullish
ADX- Neutral
It is good to sell on rallies around 170.45-50 with SL around 172.50 for a TP of 166.


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro- Major Pair levels and bias summary
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar 



