Candlestick- Hammer (daily chart)
The GBP/JPY took support near the trend line and showed a minor pullback as the pound sterling recovered. It hit an intraday high of 192.92 and currently trading around 192.496. Intraday trend is bullish as long as support 190 holds.
Technical Analysis of GBP/JPY
The GBP/JPY pair is trading below 34 and 55 EMA (Short-term) and 200 EMA (long-term) on the 4-hour chart, confirming an overall downtrend. Immediate resistance is at 193.45; a breach above this level targets 194.52/195/195.60/196.25/197. Downside support is at 191.80 with additional levels at 191/190.
Market Indicators
CCI (50)- Bearish
Directional movement index - Bearish
It is recommended to buy on dips around 192.38-40 with a stop-loss at 191.50 for a TP of 195/195.60.


NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97
FxWirePro- Woodies pivot (Major)
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside 



