AUD/JPY Price Forecast: Softens below 112.50, bias turns mildly bearish

The AUD/JPY cross trades in negative territory around 112.20 during the early European trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) as traders are on alert for possible intervention from Japanese authorities.
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GBP/USD Price Forecast: Slides below 1.3250 after failing to break through 23.6% Fibo.

The GBP/USD pair meets with a fresh supply during the Asian session on Wednesday and moves away from a nearly two-week high around the 1.3275 region, touched the previous day.
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