Major Pair Action Bias: Bullish Pairs to Watch Out For 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
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- Woodies pivot (Major) 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro- Major Pair levels and bias summary 
Candlestick pattern- Shooting star
GBPJPY pared some of its gains made yesterday on the strong yen. It gained against the US dollar after Fed Governor Christoper Waller and St.Louis President Jim Bullard said that they are not in favor of big rate hikes. UK economy has added 296000 jobs and the unemployment rate held at 3.8% in the three months to May. The pound sterling gained after the upbeat jobs data. Any jump above 1.2000 confirms a bullish continuation. Technically in the 4-hour chart, the pair is holding above short-term 21-EMA, 55 EMA, and long-term 200 EMA (163.72). Any breach above 165.50 will take to the next level to 166/167. GBPJPY hits an intraday high of 165.347 and is currently trading around 165.342.
The near-term support is around 164.45, any breach below targets 163.80/163.50/163.
Indicators (4-hour chart)
CCI (50) - Bullish
ADX- Bullish
It is good to sell on rallies around 166.10-15 with SL around 167 for TP of 163.
