JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97 
FxWirePro:USD/JPY hovers near a four-decade low 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
FxWirePro- Woodies pivot (Major) 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
Chart - Courtesy Trading View
EUR/GBP was trading 0.15% higher on the day at 0.8739 at around 16:20 GMT, edges higher from session lows at 0.8691.
The British pound pops following monetary policy decision of the Bank of England, rising rates by 50 bps to the 2.25% mark.
The central bank also said that it would continue to “respond forcefully, as necessary” to elevated prices.
Further, the MPC voted to reduce the BoE’s GBP 838 Billion by 80 billion pounds over the coming year.
The pound edged higher after the rate hike, but quickly gave up all gains after the BoE’s projected a 15-month recession, likely to begin by the year’s end.
EUR/GBP has bounced off 200H MA support, price action hovers around 5-DMA, close above will see more upside.
Momentum to remain with the bulls as long as price action holds above 200-week MA.
