GBPJPY lost its shine on the strong yen. It hit a low of 184.06 and is currently trading around 184.678.
GBPUSD- Trend- Bearish
The pound sterling showed a mild recovery towards 1.26500 on the board-based US dollar weakness. edges towards 1.2650 on board-based US dollar weakness. US consumer sentiment declined in August to 106.10, compared to a forecast of 116. Any break above 1.2660 confirms further bullishness.
USDJPY- Neutral
The pair dropped more than 100 pips on easing US treasury yield. The significant resistance is 147.40/148.
GBPJPY analysis-
The near-term resistance is around 185, a breach above targets 186.50/187/188.50. The immediate support is at 183.45, any violation below will drag the pair to 183/182.
Indicators (4-hour chart)
CCI (50)- Bearish
ADX- neutral
It is good to stay away.


FxWirePro- Major European Indices
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro- Woodies Pivot(Major)
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 



