GBPJPY pared some of its gains on the strong yen. It hits an intraday low of 160.15 and is currently trading around 160.14.
GBPUSD- Trend- Bearish
The pound sterling gained momentum ahead of the UK claimant count report and US CPI. The annual CPI is expected to decline to 6.2%. Any drop in US inflation will drag the US dollar lower. Any daily close below 1.2200 will drag the pair to 1.2300/1.2350.
USDJPY- Bearish
The pair lost its shine after BOJ officially announced Masayoshi Amamiya as governor. Major support is 130/129.
GBPJPY analysis-
The near-term support is around 160, a breach below targets of 158/156.70/155.60/155. The immediate resistance is at 160.80, any violation above will take the pair to 161.25/162/163.
Indicators (4-hour chart)
CCI (50) –bullish
ADX- Neutral
It is good to buy on dips around 159.25 with SL around 158 for a TP of 163.


FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro-Major European Indices 



