GBPJPY trades above 160 level on the strong Pound sterling. Pound sterling consolidates after three days of bullish trend against the USD dollar. The board-based US dollar weakness on upbeat market sentiment supports GBPUSD at lower levels. Any breach above 1.2620 (200-4H EMA) confirms further bearishness. GBPJPY hits an intraday low of 160.26 and is currently trading around 160.45.
USDJPY
USDJPY holds below on weak US treasury yields. The intraday bearishness is only below 127.
Technicals:
On the lower side, immediate support is around 159, breach below will drag the pair to the next level to 158/157/155. The minor resistance to be watched is around 160.50, a break above that level confirms intraday bullishness, and a jump to 161/162/164.25/165 is possible.
It is good to buy on dips around 160 with SL around 158.70 for the TP of 164.


USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Major European Indices
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 



