GBPJPY pared some of its gains on the strong yen. It hits a high of 159.94 and is currently trading around 158.32.
GBPUSD- Trend- Bearish
The pound sterling lost its shine the previous week after upbeat US jobs data. It hits a low of 1.1970 and showed a minor pullback on US weakness. Any daily close above 1.2120 will push the pair to 1.2200/1.2250.
USDJPY- Bearish
The pair lost more than 200 pips as demand for safe-haven assets increased. Major support is 130/129.
GBPJPY analysis-
The near-term support is around 158, a breach below targets of 156.70/155.60/155. The immediate resistance is around 158.50, any violation above will take the pair to 160/161.80/163.
Indicators (4-hour chart)
CCI (50) –bearish
ADX- Bearish
It is good to sell on rallies around 159 with SL around 160.20 for a TP of 155.


Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 



