FxWirePro: USD/CNY drifts lower, vulnerable to more downside 
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD eases slightly but trend is still bullish 
FxWirePro: AUD/USD slips amid wavering risk sentiment 
FxWirePro:NZD/USD remains vulnerable as Trump's latest deadline leaves investors on edge 
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major European Indices 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro- Woodies Pivot(Major) 
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying 
FxWirePro: EUR/AUD eases as market awaits Iran deadline 
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease 
Kiwi Under Pressure: NZDJPY Signals Bearish Turn as Resistance at 92.00 Holds Firm 
FxWirePro: USD/JPY holds range near 160 as intervention risks loom 
Candlestick- Hammer (daily chart)
The GBP/JPY took support near the trend line and showed a minor pullback as the pound sterling recovered. It hit an intraday high of 192.92 and currently trading around 192.496. Intraday trend is bullish as long as support 190 holds.
Technical Analysis of GBP/JPY
The GBP/JPY pair is trading below 34 and 55 EMA (Short-term) and 200 EMA (long-term) on the 4-hour chart, confirming an overall downtrend. Immediate resistance is at 193.45; a breach above this level targets 194.52/195/195.60/196.25/197. Downside support is at 191.80 with additional levels at 191/190.
Market Indicators
CCI (50)- Bearish
Directional movement index - Bearish
It is recommended to buy on dips around 192.38-40 with a stop-loss at 191.50 for a TP of 195/195.60.
