FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: GBP/NZD remains bullish as rally continues 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
FxWirePro- Major Pair levels and bias summary 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
GBPJPY pared most of its gains after the Bank of England monetary policy. The central bank hiked rates by 50 bpbs to 1.75%, the biggest increase in 27 years. It has forecast 13% inflation by end of the year and warned of recession later this year. The pound sterling declined sharply against the US dollar , any breach below 1.060 confirms further bearishness. Technically in the hourly chart, the pair is holding below short-term 21-EMA, above 55 EMA, and long-term 200 EMA (162.87). Any violation below 161 will drag the pair to 160/159/158. GBPJPY hits an intraday high of 162.02 and is currently trading around 161.91.
The near-term resistance is around 162.50, a breach above targets 163.05/164.
Indicators (4-hour chart)
CCI (50) – Bearish
ADX- Bearish
It is good to sell on rallies around 162.55-60 with SL around 163.25 for TP of 16
