EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97 
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise 
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path 
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound 
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish 
GBPJPY Intra day trade idea
Intraday Bias -Bearish
GBPJPY declined slightly after a minor pullback. It hit a high of 189.78 yesterday and is currently trading around 188.44.
Technicals-
The pair is trading below 34- and above 55 EMA in the 4-hour chart.
The near-term resistance is around 189, a breach above targets 189.75/190/190.50/190.91.Major trend continuation only above 193.50. The immediate support is at 188, any violation below will drag the pair to 187.6/186.45.
Indicator (4-hour chart)
CCI (14)- Bearish
CCI (50)- Bearish
Average directional movement Index - Bearish. All indicators confirm the bearish trend.
It is good to sell on rallies around 188.78-80 with SL around 189.50 for a TP of 186.80.
