GBPJPY Intra day trade idea (first update)
Intraday Bias- neutral
GBPJPY pared some of its gains due to profit booking. It hit a low of 192.29 at the time of writing and is currently trading around 192.20.
Technicals-
The pair trades below 34- and above 55 EMA in the hourly chart.
The near-term resistance is around 192.75,a breach above targets 193/193.50/194.25.Major trend continuation only above 193.50. The immediate support is at 192 (support turned into resistance), any violation below will drag the pair to 191.50/191.24/190.80.
Indicator (hourly chart)
CCI (14)- Bullish
CCI (50)- Bullish
Average directional movement Index - Neutral. All indicators confirm the mixed trend.
It is good to buy on dips around 192 with SL around 191.40 for a TP of 194.


FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red 



