FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
Ichimoku Analysis (Hourly Chart)
Tenken-Sen- 149.77
Kijun-Sen- 149.61
GBPJPY continues to trade higher for the past six weeks and surged more than 900 pips on the strong pound sterling. GBPUSD is holding above1.4100 in the UK easing lockdown restrictions and vaccine rollout. UK Chancellor is expected to give budget which will be a boom to the economy also supporting pound. USDJPY is struggling to close above 106 level, major bullishness only above 106.40. The intraday trend of GBPJPY is bullish as long as 149.20 holds.
Technical:
The pair is facing significant resistance at 150.10, a jump till 151.20/154.50 possible. On the lower side, near-term support is around 149.20. An indicative break below will drag the pair down to 148.40/147.80. Significant trend reversal only below 144. A violation below will drag the pair to 142.80.
Indicator (Hourly chart)
CAM indicator –Bearish
Directional movement index – Bearish
It is good to buy on dips around 149.25-30 with SL around 148.20 for the TP of 151.50.
