GBPJPY showed a minor sell-off on the strong yen. It hit a low of 187.05 at the time of writing and is currently trading at around 187.17.
GBPUSD- Trend- Bullish
The pound sterling traded higher for a third consecutive week on board-based US dollar weakness new home sales in Oct 2023 came at 679000 compared to a forecast of 725000. Market eyes CB consumer confidence for further direction. Any close above 1.2650 confirms further bullishness.
USDJPY- Bearish
The pair pared most of its gains on weak US new home sales. The significant support is 147/145.
The near-term resistance is around 188.65, a breach above targets 189.20/190. The immediate support is at 187, any violation below will drag the pair to 186.50/185.40
Indicators (4-hour chart)
CCI (50)- Bullish
ADX- Bullish
It is good to sell on rallies around 188 with SL around 189 for the TP of 186.


FxWirePro- Major Crypto levels and bias summary
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 



