GBP/JPY gained slightly after forming a minor bottom around 187.46. It hits an intraday high of 189.03 and is currently trading around 188.94. Intraday trend is bullish as long as support 186.50 holds.
The GBP/JPY pair is trading above 34 and 55 EMA (Short-term) and below 200 EMA (long term on the 15-min chart, confirms a bullish trend. Immediate resistance is at 190,a breach above this level targets of 191/191.75/192.30/193. Downside support is at 188 with additional levels a 188.45/188/187.46/187.10/186.45.
Market Indicators
CCI (50)- Bullish
Directional movement index - Bullish
Trading Strategy: Buy on dips
It Is good to buy above 189.15 with SL around 188.40 for a TP of 192.


GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD recovers slightly from early decline but bears are not done yet
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
Major Pair Action Bias: NZDUSD Turns Bullish While Other Majors Stay Neutral
FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
FxWirePro- Major Crypto levels and bias summary
GBPJPY Pulls Back on Profit Booking but Bullish Setup Holds: Buy Dips Toward 223
FxWirePro: USD/ZAR firms slightly, but downward resumption looks likely
FxWirePro- Major Pair levels and bias summary 



