Short-term resistance -155.30
Intraday Support- 153.50
GBPJPY reverses from 200-4H EMA on the weak pound sterling. The uncertainty elevated after Russia attacks Ukraine nuclear plant. The demand for safe-haven assets like the US dollar gained on an escalation of geopolitical tension. Markets eye Russia and Ukraine peace talks for further direction. The intraday trend of GBPJPY is bearish as long as resistance 155.30 holds. GBPJPY hits an intraday low of 153.71 and is currently trading around 153.735.
USDJPY- Analysis
The pair shows a minor profit booking from a weekly high of 115.80. The bullish trend continuation if it breaks 116.35.
CCI Analysis-
The CCI (50) and Woodies CCI below zero level in Woodies CCI in the 4 -hour chart. It confirms the neutral trend.
Technical:
The immediate resistance is around 154.20, any break above targets 154.70/155.30/156/157. Significant bullish continuation if it breaks 158.50. On the lower side, near-term support is at 153.50. Any indicative violation below targets 153/152.60/152/151.25/150.
Indicator (4-hour chart)
Directional movement index –Bearish
It is good to sell on rallies around 154.25-30 with SL around 155.30 for a TP of 152.60/152.


FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
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: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD moves lower on weak UK data
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Woodies Pivot(Major) 



