GBPJPY showed a minor pullback after the UK inflation data. It hit a high of 182.73 at the time of writing and is currently trading at around 182.546.
GBPUSD- Trend- Bearish
The pound sterling jumped above the 1.2200 level after UK inflation data UK CPI increased 6.7% YoY in September, compared to a forecast of 6.5%. On a monthly basis, it rose to 0.50% vs. an estimate of 0.40%. Any close above 1.2220 confirms further bullishness.
USDJPY- Bullish
The pair consolidating in a narrow range despite upbeat US retail sales. The significant resistance is 150/152.
GBPJPY analysis-
The near-term resistance is around 182.75, a breach above targets 183.25/184/184.60/185/186. The immediate support is at 182, any violation below will drag the pair to 181.15/180.70/178/176.50.
Indicators (4-hour chart)
CCI (50)- Bearish
ADX- Neutral
It is good to sell on rallies around 183 with SL around 184 for the TP of 178/176.50.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro:EUR/AUD eases but bullish outlook persists
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary 



