GBPJPY is trading in a narrow range between 183.92 and 182.19 for the past four days. It hits a low of 182.19 and is currently trading around 183.62.
GBPUSD- Trend- Bullish
The pound sterling holds above 1.2700 ahead of the US FOMC meeting minutes. Markets will examine what further actions will be taken by Fed this year. Any break above 1.2750 confirms intraday bullishness.
USDJPY- Bullish
The pair trades higher on policy divergence between US Fed and BOJ. 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.


FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Woodies Pivot(Major)
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Major Crypto levels and bias summary 



