Crypto Bias Report: Trend Signals and Top Bullish Picks 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro:USD/JPY hovers near a four-decade low 
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
FxWirePro: USD/CNY edges higher but bulls lack punch 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
GBPJPY showed a massive sell-off on the weak Pound sterling. Most economists including Fitch lowered the forecasts for UK economic growth and have predicted deeper recession due to elevated inflation. The pound sterling lost more than 375 pips from its high of 1.14952. Any close below 1.100 confirms further bearishness. Technically in the 4-hour chart, holds below short-term 21-EMA,551 EMA, and long-term 200 EMA (161.88). Any convincing break below 161 will take the pair to the next level 160/159/158. GBPJPY hits an intraday low of 161.24 and is currently trading around 162.40.
The near-term resistance is around 162.25, a breach above targets 162.70/163.40/164.45.
Indicators (4-hour chart)
CCI (50) – Bullish
ADX- Neutral
It is good to sell on rallies around 162.45-50 with SL around 163.50 for a TP of 160/159.
