FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound 
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/ZAR retreats slightly but bias is bullish 
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish 
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity 
FxWirePro- Major Crypto levels and bias summary 
Crypto Bias Report: Trend Signals and Top Bullish Picks 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- GBPJPY Daily Outlook
GBPJPY pared most of its gains made this week on the weak pound sterling. It hits a low of 172.85 and is currently trading around 173.46.
GBPUSD- Trend- Bearish
The pound sterling recovered after poor US economic data. US ISM services PMI came at 50.30 in May, below the estimate of 52.60. Any break below 1.2360 confirms further bearishness.
USDJPY- Bullish
The pair trades lower in hopes of a rate pause by the Fed. Significant resistance is 141/142.
GBPJPY analysis-
The near-term support is around 172.50, a breach below targets 171.80/171/170. The immediate resistance is at 175, any violation above will take the pair to 176/177.
Indicators (4-hour chart)
CCI (50)- Neutral
ADX- Neutral
It is good to sell on rallies around 174.25-30 with SL around 176 for a TP of 172.50.
