GBPJPY showed a nice recovery of more than 100 pips on a weak yen. It hit a high of 185.72 and is currently trading at around 185.69.
GBPUSD- Trend- Neutral
The pound sterling pared some of its loss and holds above the 1.2200 level. The pair recovered due to the strong UK GDP and weak US dollar. Markets await US CPI, UK jobs, and CPI for further direction this week. Any close below 1.2230 confirms further bearishness.
USDJPY- Bullish
The pair surged after the hawkish Fed chairman's speech. The significant resistance is 152/153.
GBPJPY analysis-
The near-term resistance is around 186, a breach above targets 186.75/188.45 The immediate support is at 184.95, any violation below will drag the pair to 184.25/183.60/.
Indicators (4-hour chart)
CCI (50)- Bullish
ADX- Bullish
It is good to buy at dips around 185.20-25 with SL around 184.50 for the TP of 188.


FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro- Major European Indices
FxWirePro: GBP/USD biased higher but rally currently stretched
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro -Major European Indices
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD bulls remain cautiously optimistic 



