NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY catches bid ahead of BoJ meeting 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 
FxWirePro- Major European Indices 
GBPJPY lost its shine and declined more than 100 pips on the weak Pound sterling. It dropped below 1.2200 yesterday on board-based US dollar buying and economic slowdown. Any breach below 1.2160 confirms a bearish continuation. Technically in the 4-hour chart, the pair is holding above 21-EMA, above 55 EMA, and long-term 200 EMA (163.87). Any break below 165.70 will drag the pair down to 165/164.60/163. GBPJPY hits an intraday high of 166.33 and is currently trading around 166.475.
The near-term resistance is around 167, any breach above targets 167.85/168.75.
Indicators (4-hour chart)
CCI (50) - Bullish
ADX- neutral
It is good to buy on dips around 166 with SL around 165 for TP of 168.
