FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report 
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop 
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
FxWirePro: USD/JPY caught in narrow range, bias bearish 
FxWirePro: GBP/AUD recovers slightly but bears are not done yet 
FxWirePro: GBP/USD dips on UK GDP data miss 
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains 
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: AUD/USD hovers near three –month high, scope for further upside 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
GBPJPY recovered sharply on the weak yen. The jump in Pound sterling in hopes for a decent fiscal framework from new chancellor Hunt. Bank of England Bailey's hawkish comments also support the pair at lower levels. Any breach above 1.113800 will push GBPUSD to 1.14900. Technically in the 4-hour chart, GBPJPY holds above short-term 21-EMA, 55- EMA, and long-term 200 EMA (162.36). Any convincing break above 168 will take the pair to the next level 168.75/170. GBPJPY hits an intraday high of 168.03 and is currently trading around 167.709.
The near-term support is around 166.80, a breach below targets 166/165.
Indicators (4-hour chart)
CCI (50) – Bullish
ADX- bullish
It is good to buy on dips around 166.75-80 with SL around 165.50 for a TP of 168/169.
