Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217 
BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K 
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data 
AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85 
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target 
FxWirePro: USD/JPY remains in familiar place on intervention threat 
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage 
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700 
FxWirePro: GBP/NZD extends decline , vulnerable to more downside 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists 
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K 
FxWirePro: USD/ZAR recovers some ground but outlook is bearish 
FxWirePro: USD/JPY upside capped as intervention risk limit upside 
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217 
FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key 
FxWirePro- Major Pair levels and bias summary 
GBPJPY lost more than 100 pips in today's Asian session on a strong yen. The minor sell in pound sterling from yesterday's high of 1.21880 after BOE Governor's cautious tone in ECB annual forum. Any close below 1.2100 confirms a bearish continuation. Technically in the 4-hour chart, the pair is holding below 21-EMA, 55 EMA, and above long-term 200 EMA (164.05). Any break below 163.60 will drag the pair down to 163/160. GBPJPY hits an intraday low of 163.72 and is currently trading around 163.72.
The near-term resistance is around 164.65, any breach above targets 165.52/166.35/167/167.85/168.75.
Indicators (4-hour chart)
CCI (50) - Bearish
ADX- Bearish
It is good to sell on rallies around 163.85-90 with SL around 164.65 for TP of 162.
