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FxWirePro- Woodies pivot (Major) 
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Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217 
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FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major Crypto levels and bias summary 
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FxWirePro: EUR/AUD holds narrow range, focus on near-term Support 
FxWirePro- Woodies pivot (Major) 
AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85 
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217 
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists 
GBPJPY trades lower for a third consecutive day on the weak Pound sterling. It has pared some of its gains made in the Asian session after UK economic data. It has posted a record current account surplus at 51.7 billion pounds compared to 39.7 billion pounds. Any breach below 1.2100 confirms a bearish continuation. Technically in the 4-hour chart, the pair is holding below 21-EMA, above 55 EMA, and long-term 200 EMA (163.99). Any break below 165 will drag the pair down to 164.60/163. GBPJPY hits an intraday high of 165.75 and is currently trading around 166.475.
The near-term resistance is around 165.75, any breach above targets 166.35/167/167.85/168.75.
Indicators (4-hour chart)
CCI (50) - Bearish
ADX- Bearish
It is good to sell on rallies around 165.38-40 with SL around 166.35 for TP of 164.
