Short-term resistance -151.50
Intraday support- 148.90
GBPJPY is trading higher for the fourth consecutive days on board-based Japanese Yen weakness. The pound sterling is holding above 1.32500 against the US dollar. Markets eyes Bank of England for further direction. Any breach above 1.3280 confirms intraday bearishness. The intraday trend is bullish as long as support 149.65 holds. GBPJPY hits an intraday high of 151.478 and is currently trading around 151.358.
USDJPY- Analysis
The pair jumped above 114 level after hawkish Fed monetary policy. Any trend continuation if it breaks 115.
CCI Analysis-
The CCI (50) and Woodies CCI hold above zero level in the 4- hour chart. It confirms an intraday bullish trend.
Technical:
The immediate resistance is around 151.50, any break above targets 152/152.50/153/153.52. Significant bullish continuation if it breaks 158.50. On the lower side, near-term support is around 150.80. Any indicative violation below targets 150.25/149.70/149.35/148.90.
Indicator (4-Hour chart)
Directional movement index –Neutral
It is good to buy on dips 151.20-25 with SL around 150.50 for a TP of 153.


USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Woodies Pivot(Major)
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/USD dips lower on negative UK retail sales data
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/AUD moves lower on weak UK data 



