FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro- Major European Indices 
FxWirePro- Woodies Pivot(Major) 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: GBP/AUD moves lower on weak UK data 
GBPJPY pared some of its gains made yesterday on the weak pound sterling. It hit a low of 184.92 at the time of writing and is currently trading around 185.138.
GBPUSD- Trend- Bearish
The pound sterling lost its shine on board-based US dollar buying. UK final services PMI came at 49.50 in August, compared to a forecast of 48.70. According to the British Retail Consortium, UK retail sales rose 4.1% on an annual basis in August vs. 1.8%. Any break below 1.2500 confirms further bearishness.
USDJPY- Neutral
The pair hits its highest level since Nov 2022 on US treasury yield pullback. The policy divergence between the US Fed and BOJ supports the pair at a lower level. The significant resistance is 148/150.
GBPJPY analysis-
The near-term resistance is around 185.80, a breach above targets 186.50/187/188.50. The immediate support is at 184.80, any violation below will drag the pair to 184/183/182
Indicators (4-hour chart)
CCI (50)- Bullish
ADX- neutral
It is good to buy on dips around 184 with SL around 183.35 for the TP of 186.65.
