GBPJPY consolidating in a narrow range between 164.25 and 162.28 for the past three days. Pound sterling regained above 1.25500 ahead of the US FOMC meeting and BOE. The overall trend of GBPUSD is weak on policy divergence between central banks. Any breach above 1.26250 confirms further bullishness. GBPJPY hits an intraday high of 163.41 and is currently trading around 163.289.
USDJPY
USDJPY holds above 130 ahead of Fed policy. The intraday weakness is only below 129.
Technicals:
On the lower side, immediate support is around 162, breach below will drag the pair to the next level to 159. The minor resistance to be watched is around 164.25, a break above that level confirms intraday bullishness, and a jump to 165/166/168 is possible.
It is good to sell on rallies around 164.10-20 with SL around 166 for the TP of 159/156.


FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 



