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UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Pound-Yen Pullback: GBP/JPY Slips Below Key EMAs as Sterling Weakness Fuels Bearish Bet on 210 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Pound-Yen Pullback: GBP/JPY Slips Below Key EMAs as Sterling Weakness Fuels Bearish Bet on 210 
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FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
AUD/JPY chart - Trading View
AUD/JPY has been extending sideways below 21-EMA which is capping upside in the pair.
The pair was trading 0.19% higher on the day at 66.646 at around 09:20 GMT, with session highs at 67.270 and lows at 65.988.
China’s official Manufacturing and Non-Manufacturing PMIs for March released earlier on Tuesday surprised markets with upbeat numbers.
The headline manufacturing PMI stood at 52.00, beating forecast at 45 while the Non-Manufacturing PMI rose to 52.3 compared to 37.8 expected.
Upbeat China PMI data are likely to ease fears regarding a deeper coronavirus-led economic slowdown across the globe, thereby supporting the pair higher.
Momentum studies are bullish. Bullish divergence on Stochs and RSI adds to the bullish bias.
Break out at 21-EMA could fuel more gains. Scope for test of 61.8% Fib at 70.17. Rejection at 21-EMA negates any bullish bias.
