FxWirePro- Major Pair levels and bias summary 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: GBP/AUD moves lower on weak UK data 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major Crypto levels and bias summary 
Short-term resistance -157.75
Intraday Support- 155.70
GBPJPY is trading flat despite strong Pound sterling. The cable gained sharply for a third consecutive week on board-based US dollar selling. The Brexit uncertainty and surge in coronavirus cases in UK weighing on GBP. Any breach above 1.3750 confirms further bullishness. The UK has reported another 120821 daily cases lower compared to the previous day case 141472. The intraday trend of GBPJPY is bullish as long as support 155.70 holds. GBPJPY hits a high of 157.70 at the time of writing and is currently trading around 156.80.
USDJPY- Analysis
The pair showed a profit booking after US CPI data. The intraday bearishness only if it breaks 114.
CCI Analysis-
The CCI (50) holds above zero levels in the 4-hour chart and Woodies CCI below zero line. It confirms the neutral trend.
Technical:
The immediate resistance is around 157.75, any break above targets 158/158.50. Significant bullish continuation if it breaks 158.50. On the lower side, near-term support is at 155.70. Any indicative violation below targets 155.25/154.70/154.
Indicator (4-Hour chart)
Directional movement index –Neutral
It is good to sell on rallies around 157.35-40 with SL around 158 for a TP of 155.70.
