GBPJPY declined slightly after hitting a multi-week high due to profit booking. It hit a low of 185.09 yesterday and is currently trading at around 185.316.
GBPUSD- Trend- Neutral
The pound sterling pared some of its gains from a week's high of 1.24283.UK construction PMI declined to 45.6 in October, below the forecast of 46. Any daily close above 1.2400 confirms further bullishness.
USDJPY- Bullish
The pair recovered more than 100 pips as the US treasury yield showed a pullback. The significant resistance is 152/153.
GBPJPY analysis-
The near-term resistance is around 186, a breach above targets 186.75/188.45 The immediate support is at 184.95, any violation below will drag the pair to 184.25/183.60/.
Indicators (4-hour chart)
CCI (50)- Bullish
ADX- Bullish
It is good to buy at dips around 184.75-80 with SL around 184.20 for the TP of 188.


FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro- Major Pair levels and bias summary
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro:USD/JPY hovers near a four-decade low
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
Crypto Bias Report: Trend Signals and Top Bullish Picks 



