Short-term resistance -150.60
Intraday support- 148.90
GBPJPY has once again declined after touching 200-H MA. The intraday trend is neutral as long as resistance 150.60 holds. The pound sterling is trading below 1.3250 against USD on fear of the Omicron virus in the UK. The slight pullback in the US dollar and US treasury yields also dragging GBPUSD. Any breach below 1.3180 confirms intraday bearishness. GBPJPY hits a low of 150.15 at the time of writing and is currently trading around 150.168.
USDJPY- Analysis
The pair regained above 113.50 on strong US indices. Any minor bullishness only if it breaks 114.
CCI Analysis-
The CCI (50) and Woodies CCI hold above slightly zero level in the 4- hour chart. It confirms a bearish trend has halted.
Technical:
The immediate resistance is around 150.60, any break above targets 151.20/152/152.50. Significant bullish continuation if it breaks 158.50. On the lower side, near-term support is around 149.70. Any indicative violation below targets 149.35/148.90/148/147.25.
Indicator (4-Hour chart)
Directional movement index –Neutral
It is good to sell on rallies around 150.25-30 with SL around 151 for a TP of 148.55.


FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major European Indices
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: USD/ZAR edges higher but bearish outlook persists
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major Pair levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 



