Major Intraday resistance -153.75
Intraday support- 152.50
GBPJPY recovered more than 40 pips on the strong Pound sterling. GBP regained sharply 1.3400 level on Brexit optimism. The talks on Friday on new negotiations are supporting pound sterling at lower levels. The intraday trend is still bearish as long as resistance 153.80 holds. It hits a high of 153.74 the previous week and is currently trading around 153.07.
USDJPY- Analysis
The pair eases slightly after a jump till 114.30. it is struggling to breach the monthly high of 114.70. Any breach above 114.70 targets 115/116.
CCI Analysis-
The CCI (50) and Woodies CCI are holding below zero level in the 4-hour chart. This confirms the weak trend. Bearish trend confirmed.
Technical:
The immediate resistance is around 153.75, any break above targets 154.55/155. Significant bullish continuation if it breaks 158.50. On the lower side, near-term support is around 152.50. Any indicative violation below targets 152.18/151.60.
Indicator (4-Hour chart)
Directional movement index –Bearish
It is good to sell on rallies around 153.25 with SL around 153.80 for a TP of 151.


FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
FxWirePro- Major Crypto levels and bias summary
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
FxWirePro: USD/ZAR retreats but trend is still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD gains some ground but bias is still bearish
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro- Woodies pivot (Major)
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch 



