FxWirePro- Major Pair levels and bias summary 
GBPJPY Pulls Back on Profit Booking but Bullish Setup Holds: Buy Dips Toward 223 
FxWirePro:GBP/AUD slips as markets assess Burnham's rise to UK premiership 
FxWirePro: GBP/NZD dips as sterling eases as Burnham steps in 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/USD falls as investors assess Britain's political transition 
FxWirePro: USD/ZAR firms slightly, but downward resumption looks likely 
FxWirePro: AUD/ USD eases as risk sentiment remains fragile 
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground 
AUDJPY Bullish Momentum Ignites: Buy Dips Toward 115 Target 
FxWirePro:USD/JPY hovers near 40-year, bias bullish 
FxWirePro: EUR/AUD recovers slightly from early decline but bears are not done yet 
FxWirePro: USD/CAD falls to one-month low, scope for further downside 
GBP/JPY showed a minor pullback as the pound sterling gained strength. It hit an intraday high of 193.75 and is currently trading around 193.52. Intraday trend is bearish as long as resistance 195 holds.
The GBP/JPY pair is trading below 34 and above 55 EMA (Short-term) and 200 EMA (long term on the 1-hour chart, confirming a bearish trend. Immediate resistance is at 194,a breach above this level targets of 194.70/195/196.50. Downside support is at 193.50/193/192.35/191.70.
Market Indicators (4- hour)
CCI (50)- Bearish
Directional movement index - neutral
Trading Strategy: Sell on rallies
It Is good to sell on rallies around 194 with SL around 195 for a TP of 191.70/190.
