FxWirePro- Major Pair levels and bias summary 
JPY Action Bias: NZDJPY and AUDJPY Stand Out as the Most Bullish Pairs 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
FxWirePro: EUR/AUD recovers slightly from early decline but bears are not done yet 
FxWirePro:EUR/NZD downside pressure builds, key support level in focus 
FxWirePro:USD/JPY hovers near 40-year, bias bullish 
FxWirePro:GBP/AUD slips as markets assess Burnham's rise to UK premiership 
FxWirePro: USD/ZAR firms slightly, but downward resumption looks likely 
CAD/JPY Surges on Broad-Based Canadian Dollar Buying 
AUDJPY Surges on Aussie Strength: Buy Dips Toward 117/118 as Bullish Momentum Accelerates 
FxWirePro: GBP/NZD dips as sterling eases as Burnham steps in 
ETHUSD Breaks Above $1900 as Bulls Eye $2300 and Beyond 
BTCUSD Holds Above 365 EMA as Bullish Momentum Builds Toward $70K 
Bitcoin Holds Above $65K as Institutional Inflows Resume; Buy Dips Near $64K 
FxWirePro: USD/CAD falls to one-month low, scope for further downside 
JPY Action Bias: Bullish Winds Strengthen – NZDJPY Leads the Charge as Top Pair to Watch 
GBP/JPY jumped sharply after the BOE rate cut. It hits an intraday high of 193.10 and is currently trading around 192.81. Intraday trend is bullish as long as support 190 holds.
The Bank of England's Monetary Policy Committee has maintained the Bank Rate at 5.25% since January 2024 to meet its 2% inflation target, as well as to stimulate economic growth and employment, though members disagree about tightening or easing. Headline CPI inflation, while falling, is predicted to increase to 3.7% in Q3 2025 before easing, remaining at least above target until Q4 2027, with risks now viewed as more balanced even after wage growth and high services price inflation. The MPC is rolling back its QE asset holdings from £895bn to £623bn by March 2025 via asset sales and maturity, and this speaks to gradual policy tightening while holding to a restrictive policy stance as long as is required to lock in sustainable inflation. The MPC continues to abide by its flexible inflation-targeting regime, operating independence, and openness, and being prepared to move on changing economic information.
The GBP/JPY pair is trading above 34 and above 55 EMA (Short-term) and 200 EMA (long term on the 4-hour chart, confirms a bullish trend. Immediate resistance is at 193.20,a breach above this level targets of 194/195. Downside support is at 192.40 191.70/190.95/190.40/190/189.30/188.
Market Indicators
CCI (50)- Bullish
Directional movement index - Bullish
Trading Strategy: Buy on dips
It Is good to buy on dips around 192.60 with SL around 191.70 for a TP of 195.
