The GBP/JPY trades flat ahead of Trump’s tariff announcement. It hits an high of 194 yesterday and is currently trading around 193.48. Intraday trend is bearish as long as resistance 195 holds.
It is trading below 34 and above 55 EMA (Short-term) and above 200 EMA (long term on the 4-hour chart, confirming a mixed h trend. Immediate resistance is at 194,a breach above this level targets of 195/196. Downside support is at 192.40 with additional levels at 191.70/191/189.80/188.75/188/187.25/186/185.
Market Indicators
CCI (50)- Bearish
Directional movement index - bearish
It Is good to sell below 192 with SL around 193 for a TP of 190.


CAD/JPY Surges on Broad-Based Canadian Dollar Buying
FxWirePro: USD/CAD advances as loonie dips on softer Inflation and Middle East uncertainty
FxWirePro: EUR/NZD outlook weaker on renewed downside pressure
FxWirePro- Major Crypto levels and bias summary
FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD dips as sterling eases as Burnham steps in
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
FxWirePro: AUD/ USD eases as risk sentiment remains fragile
Bitcoin Holds Above $65K as Institutional Inflows Resume; Buy Dips Near $64K
NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
GBPJPY Pulls Back on Profit Booking but Bullish Setup Holds: Buy Dips Toward 223
FxWirePro:USD/JPY hovers near 40-year, bias bullish
FxWirePro: GBP/USD falls as investors assess Britain's political transition
FxWirePro- Major Pair levels and bias summary 



