EURUSD Dips Below 1.1600 Amidst Dollar Strength: Bearish Bias Favors Selling Rallies 
FxWirePro: EUR/ AUD gains slightly but remains on bearish path 
NZDJPY Faces Selling Pressure: Will 95.20 Resistance Hold? 
FxWirePro:EUR/NZD gains some ground but outlook is bearish 
FxWirePro: GBP/AUD stuck in range but maintains bearish bias 
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path 
FxWirePro: USD/ZAR bears maintain upper hand 
AUD/JPY: Bullish Momentum Continues in JPY Major Pairs 
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption 
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/JPY hovers near 160, outlook bullish 
FxWirePro: USD/CNY dips as dollar weakens on US-Iran escalation 
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside 
JPY Major Currency Scores: USDJPY and GBPJPY Lead Bullish Trend 
FxWirePro- Major Pair Currency Score (AUDUSD Bullish) 
Add as a preferred source on Google
The GBP/JPY gained sharply as the Pound gained momentum after the hawkish BOE monetary policy. It hit an intraday high of 198.436 and is currently trading around 198.31. Intraday trend is bullish as long as the resistance at 197.30 holds.
‘The GBP/JPY pair is trading above 55 and 200 EMA (Short-term) and 365 EMA (long-term) on the 4-hour chart, confirming a bullish trend. Any violation below 197.30 indicates the intraday trend is weak. A dip to 196.70/196.20/195/194/193/191.95/190 is possible. Immediate resistance is at 198.60 a breach above this level targets 199.35/200.
Market Indicators ( 4-hour chart)
CCI (50)- Bullish
Directional movement index - Bullish
Trading Strategy: Buy
It is good to buy on dips around 197.58-60 with SL around 197 for a TP of 200.
