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: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro- Woodies Pivot(Major)
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD retreats slightly but trend is still bullish
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 



