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: USD/CAD bulls continue to hold the higher ground
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: USD/ZAR sell bias remains below key resistance zone
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro- Major Crypto levels and bias summary
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar 



