GBP/JPY showed a minor pullback as the yen weakened. It hit a high of 191.22 at the time of writing and is currently trading around 191.11. The intraday trend is bullish as long as support 190 holds.
The GBP/JPY pair is trading above 34 and 55 EMA (Short-term) and 200 EMA (long term on the 4-hour chart, confirming a bullish trend. Immediate resistance is at 191.25,a breach above this level targets of 191.75/192.30/193. Downside support is at 190 with additional levels a 189.46/188/187.46/187.10/186.45.
Market Indicators
CCI (50)- Bullish
Directional movement index - Neutral
Trading Strategy: Buy on dips
It Is good to buy on dips around 190 with SL around 189 for a TP of 192.


FxWirePro- Major European Indices
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Woodies Pivot(Major)
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 



