GBPJPY recovered above 180 on the strong pound sterling. It hits an intraday high of 180.52 and is currently trading around 180.14.
GBPUSD- Trend- Bullish
The pound sterling surged sharply and hits a 15-month high on board-based US dollar selling. US CPI declined to 3% YoY in June, compared to a forecast of 3%. On a monthly basis, inflation dropped to 0.2% vs. the forecast of 0.30%. Any break above 1.3030 confirms further bullishness.
USDJPY- Bearish
The pair lost its shine after weak US CPI. Significant support is 138/136.50
GBPJPY analysis-
The near-term support is around 178.95, a breach below targets 178/176. The immediate resistance is at 180.60, any violation above will take the pair to 181.65/182/183.
Indicators (4-hour chart)
CCI (50)- Bearish
ADX- Bearish
It is good to sell on rallies around 180.55-60 with SL around 181.65 for a TP of 178.


NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro- Major Crypto levels and bias summary
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro- Major Pair levels and bias summary
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: GBP/USD recovers some ground but bears are not done yet
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: USD/CNY bears maintain upper hand
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout 



