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FxWirePro: GBP/AUD uptrend looks tired, but continues to hold 
FxWirePro: GBP/ AUD gently bid,a close above a key level needed to tighten grip 
FxWirePro: EUR/AUD getting back on track for run towards 1.6650 level 
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FxWirePro:GBP/NZD retreats slightly but trend is still bullish 
FxWirePro:EUR/NZD getting back on track for run toward 1.8100 level 
FxWirePro- OKBUSD (Chart of the day) 
GBPJPY recovered more than 1300 pips from a low of 148.63 on the strong Pound sterling. It surged sharply against the US dollar on board-based dollar selling. UK GDP grew to 0.2% QoQ compared to a forecast of -0.10%. The yearly figures came at 4.4%, well above the estimate of 2.90%. Technically in the 4-hour chart, holds above short-term 21-EMA, 21 EMA, and below long-term 200 EMA (161.95). Any convincing break above 162.20 will take the pair to the next level 163.45/164. GBPJPY hits an intraday high of 161.74 and is currently trading around 160.96.
The near-term support is around 160, a breach below targets 159/158.50.
Indicators (4-hour chart)
CCI (50) – Bullish
ADX- Bearish
It is good to buy on dips around 160 with SL around 159 for TP of 163.
