GBPJPY touched a fresh monthly high on the weak yen. It hit a high of 185.26 at the time of writing and is currently trading around 185.108.
GBPUSD- Trend- Bearish
The pound sterling showed a minor pullback after mixed UK jobs data. The ILO unemployment rate is at 4.2% vs the forecast of 4%. UK employment change was -66000 in June vs 102000 the previous month. Any break above 1.2750 confirms further bullishness.
USDJPY- Bullish
The pair showed a nice pullback despite upbeat Japanese GDP data. The significant resistance is 146/147.
GBPJPY analysis-
The near-term support is around 184.10, a breach below targets 183.45/183/182.50/181.80/181. The immediate resistance is at 185.25, any violation above will take the pair to 186/187.
Indicators (4-hour chart)
CCI (50)- Bullish
ADX- Bullish
It is good to buy on dips around 184.50 with SL around 183.40 for a TP of 186.


EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro- Major Pair levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 



