GBPJPY hits a multi-year high on a weak yen. It hits an intraday high of 182.06 and is currently trading around 181.69.
GBPUSD- Trend- Bullish
The pound sterling climbed sharply and hits a 14-month high on broad-based US dollar selling. Markets expect a further 25 bpbs point rate hike by BOE in the next policy meeting supporting the Pound sterling at lower levels. Any break above 1.2850 confirms further bullishness.
USDJPY- Bullish
The pair trades higher on the dovish BOJ status quo. Significant Resistance is 141/143.
GBPJPY analysis-
The near-term support is around 180.80, a breach below targets 180/178.80. The immediate resistance is at 182.40, any violation above will take the pair to 183/184.
Indicators (4-hour chart)
CCI (50)- Bullish
ADX- Bullish
It is good to buy on dips around 180.80 with SL around 180 for a TP of 185.


BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro- Major Pair levels and bias summary
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro- Woodies pivot (Major)
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound 



