GBPJPY showed a minor sell-off on Pound sterling weakness. It hits an intraday low of 182.19 and is currently trading around 182.33.
GBPUSD- Trend- Bearish
The pound sterling trading weak for a second consecutive day on board-based US dollar buying. The US economy has expanded at an annualized pace of 2.1% in the first quarter, above the estimate of 1.40%. Any break below 1.2600 confirms intraday bearishness.
USDJPY- Bullish
The pair pared some of its gains despite declining US treasury yield. Significant Resistance is 145.250/146.
GBPJPY analysis-
The near-term support is around 182, a breach below targets 181.65/181. The immediate resistance is at 184, any violation above will take the pair to 185/186.
Indicators (4-hour chart)
CCI (50)- Bullish
ADX- Bullish
It is good to buy on dips around 182 with SL around 181 for a TP of 185.


FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: GBP/AUD bears maintain upper hand
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: USD/CNY edges higher but bulls lack punch
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
FxWirePro- Major Crypto levels and bias summary
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro:USD/JPY hovers near a four-decade low
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral 



