FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro- Major European Indices 
FxWirePro- Major Crypto levels and bias summary 
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower 
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000? 
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
GBPJPY is trading flat between 162.31 and 160.83 for the past three days. The pound sterling recovered above 1.1800 ahead of the Fed chairman's speech at the Jackson hole symposium. The pound sterling upside is capped as rising energy prices due to Russia and Ukraine war will affect the growth of the UK. Technically in the 4-hour chart, the pair is holding below short-term 21-EMA, 55 EMA, and below long-term 200 EMA (162.78). Any violation below 160.80 takes to the next level 160/159/158.GBPJPY hits an intraday high of 161.718 and is currently trading around 161.49.
The near-term resistance is around 162, a breach above targets 162.50/163/ 164.
Indicators (4-hour chart)
CCI (50) – Bearish
ADX- Neutral
It is good to sell on rallies around 161.75-80 with SL around 162.50 for TP of 159.
