FxWirePro: USD/JPY steadies around 159.30,retains bid tone 
FxWirePro: GBP/AUD eases despite better-than-expected UK GDP growth data 
GBP/JPY Surge: Broad Sterling Buying Eyes 217.00 Target 
FxWirePro: NZD/USD edges higher as dollar weakens after tame US PPI data 
FxWirePro: EUR/ AUD retreats, focus on near term support 
NZDJPY Bullish Setup: 800-EMA Support Fuels Buy Signal Above 93.60 
FxWirePro: GBP/NZD sell bias remains below key resistance zone 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/CNY hovers near a 3-1/2-year low, outlook bearish 
FxWirePro: USD/ZAR gains some ground as South African rand struggles amid renewed global uncertainty 
FxWirePro: GBP/USD rises to 1-month peak as USD weakens 
FxWirePro: EUR/ AUD eases slightly, focus on near term support 
Currency Major Pairs: GBPUSD & AUDUSD Extremely Bullish as USDCAD Turns Deeply Bearish and Major levels to watch 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD eases as soft US PPI data weighs on dollar 
Add as a preferred source on Google
GBPJPY trades higher on strong pound sterling. It hit a high of 193.32 yesterday and is currently trading around 192.26. Intraday trend is bullish as long as support 191.75 holds.
The pound sterling gained momentum after dismal UK manufacturing PMI.
Technicals-
The pair is trading above the short-term 34, below 55 EMA (190.23 and 191.72), and long-term 200 EMA (191.51) in the daily chart.
The near-term resistance is around 192.50, a breach above the target of 193.50. Major trend continuation only above 193.50. Any violation above will take the pair to 195. The immediate support is at 191.70, any violation below will drag the pair to 191.35/190.95/190/189.10/188.
Indicator (4-hour chart)
CCI (14)- Bullish
CCI (50)- Bullish
Average directional movement Index - Neutral. All indicators confirm a mixed trend.
It is good to buy above 193.50 with SL 192.70 for a TP of 195.
Or sell below 191.70 with SL around 192.50 for a TP of 190.
