FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies pivot (Major) 
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
FxWirePro:USD/JPY hovers near a four-decade low 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise 
GBPJPY pared its shine on the strong yen. It hits a low of 158.08 and is currently trading around 157.86.
GBPUSD- Trend- Bearish
The pound sterling showed a minor pullback despite weak UK GDP. The economy has contracted by 0.50% in Dec 2022. The office for national statistics reports that UK GDP was stagnant in the previous quarter, in line with the estimate. Any daily close above 1.2150 will take the pair to next level of 1.2200/1.2260.
USDJPY- Bearish
The pair declined slightly on reports that the Kazuo Ueda would be appointed as the next BOJ governor. Major support is 130/129.
GBPJPY analysis-
The near-term support is around 157.60, a breach below targets of 156.70/155.60/155. The immediate resistance is at 159.20, 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 158.25-30 with SL around 159.60 for a TP of 155.
