FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro- Major European Indices 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- GBPJPY Daily Outlook
GBPJPY declined slightly on the weak Pound sterling. It is holding below 1.3050 against the US dollar after the Fed Chairman's speech. Markets eye BOE governor Bailey's speech for further direction. Any hawkish stance by Governor will push the GBP higher against the USD. Any breach below 1.2970 confirms further bearishness. GBPJPY hits an intraday high of 167.59 and is currently trading around 167.29.
USDJPY
USDJPY showed a pullback above 128 levels on surging US bond yields. Any intraday weakness is only below 127.
Technicals:
On the lower side, immediate support is around 166, breach below will drag the pair to the next level to 165/163.90/162.85. The minor resistance to be watched is around 168, a break above that level confirms intraday bullishness, and a jump to 168/170 is possible.
It is good to buy on dips around 166 with SL around 165 for the TP of 168.
