GBPJPY was one of the best performers the previous week and surged more than 1000 pips on a weak yen. It hits a high of 183.87 and is currently trading around 183.60.
GBPUSD- Trend- Bullish
The pound sterling recovered sharply after a weak US PCE index. Headline US PCE index rose 0.10% m/m, below expectations of 0.50%. Core PCE came at 0.30% m/m, in line with market expectations. Any break above 1.2750 confirms intraday bullishness.
USDJPY- Bullish
The pair hits a fresh seven-month high as BOJ maintains its dovish stance. Significant Resistance is 145.250/146.
GBPJPY analysis-
The near-term support is around 182.90, a breach below targets 182/181.65/181. 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 183 with SL around 182 for a TP of 185.


AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro: USD/CAD edges lower but bullish outlook persists
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: GBP/NZD gains some ground but outlook is bearish
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro- Woodies pivot (Major)
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro:USD/JPY hovers near a four-decade low
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds 



