FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD falls as investors assess Britain's political transition 
FxWirePro :USD/JPY drifts above 162 as range trading persists 
FxWirePro: EUR/NZD outlook weaker on renewed downside pressure 
FxWirePro: USD/CAD falls to one-month low, scope for further downside 
AUDJPY Surges on Aussie Strength: Buy Dips Toward 117/118 as Bullish Momentum Accelerates 
FxWirePro:GBP/AUD slips as markets assess Burnham's rise to UK premiership 
FxWirePro: USD/ZAR firms slightly, but downward resumption looks likely 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD better risk puts bulls back in charge 
Major Crypto Action Bias: BTC, ETH & SOL Turn Bullish – SOLUSD Leads as the Top Pair to Watch 
FxWirePro: USD/CNY dips as yuan firms as investors await policy cues 
FxWirePro:EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
NZDJPY Bullish Above 95: Buy Dips Toward 97 as Kiwi Strength Holds Firm 
JPY Action Bias: Bullish Winds Strengthen – NZDJPY Leads the Charge as Top Pair to Watch 
Major Pairs Action Bias: NZDUSD Turns Extremely Bullish as EURUSD Stays Bearish – AUDUSD Emerges as Key Bullish Pair to Watch 
The GBP/JPY gained sharply on the weak yen. It hit a high of 193.59 at the time of writing and is currently trading around 193.13. Intraday trend is bullish as long as support 191.80 holds.
Japan's National Core CPI of 3.0% year-over-year, above the projected 2.9%, as of March 2025. That is below last month's 3.2%, reflecting moderation in inflation pressures, but still entrenched inflation in the Japanese economy.
The Bank of England (BoE) has also chosen to hold its central rate at 4.5%, a level representing continued economic doubt, if not least due to international trade tension and home country torpor. The BoE Monetary Policy Committee voted by a majority of 8 to 1 to leave it there, with one arguing for cutting it. The BoE cautioned against expecting to see steep cuts in rates, reporting a cautious response to future monetary policy easing because inflationary pressure will ease even further
Technical Analysis Points to Further Downside
The GBP/JPY pair is trading below 34 and 55 EMA (Short-term) and 200 EMA (long-term on the 4-hour chart, confirming a mixed trend. Immediate resistance is at 193.60,a breach above this level targets 194/194.90/ 196/196.80/198. Downside support is at 193 with additional levels at 192.45/191.70/191/189.80/188.75/188/187.25/186/185.
Market Indicators
CCI (50)- Bullish
Directional movement index - Neutral
It is recommended to sell on rallies around 194-194.10 with a stop-loss at 195 for a TP of 190.80.
