FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support 
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground 
CAD/JPY Surges on Broad-Based Canadian Dollar Buying 
GBPJPY Pulls Back on Profit Booking but Bullish Setup Holds: Buy Dips Toward 223 
FxWirePro: USD/JPY holds steady near 162 as traders await fresh catalysts 
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral 
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD 
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align 
FxWirePro- Woodies pivot (Major) 
FxWirePro: AUD/ USD eases as risk sentiment remains fragile 
NZDJPY Bullish Surge: Strong Kiwi Ignites Fresh Upside as 94 Support Holds and All EMAs Align 
FxWirePro: GBP/USD under pressure despite UK's modest economic growth 
FxWirePro: USD/ZAR firms slightly, but downward resumption looks likely 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
The GBP/JPY pared some of its gains as the pound sterling showed a minor sell-off. It hit an intraday low of 197.19 and is currently trading around 197.45. Intraday trend is bullish as long as support 196.90 holds.
‘The GBP/JPY pair is trading below 34 and above 55 and 200 EMA (Short-term) and 365 EMA (long-term) on the 4-hour chart, confirming a mixed trend. Any violation below 197.15 indicates the intraday trend is weak. A dip to 196.70/196/195/194/193.70 is possible. Immediate resistance is at 197.75 a breach above this level targets of 198.35/198.80/200/202.
Market Indicators (4-hour)
CCI (50)- Bullish
Directional movement index - Neutral
Trading Strategy: buy on dips
It Is good to buy on dips around 196.50 with SL around 195 for a TP of 200.
