FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites 
FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support 
FxWirePro: GBP/USD under pressure despite UK's modest economic growth 
Major Pair Action Bias: NZDUSD Turns Bullish While Other Majors Stay Neutral 
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align 
FxWirePro: NZD/USD trades in narrow range ,outlook bullish 
AUDJPY Bullish Momentum Ignites: Buy Dips Toward 115 Target 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: AUD/USD edges lower, but bullish outlook persists 
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align 
FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts 
FxWirePro: AUD/ USD eases as risk sentiment remains fragile 
FxWirePro:EUR/NZD dips below lower range, bearish bias increases 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
The GBP/JPY formed a double top around 200.278 and showed a minor sell-off. The pair broke minor trend line support and holds below that level. It hit an intraday low of 199.27 and is currently trading around 199.357. Intraday trend is bearish as long as the resistance at 200.28 holds.
The pair is trading below 55 and 200 EMA and 365 EMA (long-term) on the 15-minute chart, confirming a bearish trend. Any violation below 199.20 indicates the intraday trend is weak. A dip to 198.85/198.60/197.75/196.70/196.20/195.is possible. Immediate resistance is at 200.30; a breach above this level targets 202/202.98.
Market Indicators ( 15-min chart)
CCI (50)- Bearish
Directional movement index - Neutral
Trading Strategy: Buy
It Is good to buy above 200.28 with SL around 199.70 for a TP of 202/202.98
