Ichimoku Analysis (Weekly chart)
Tenken-Sen- 136.78
Kijun-Sen- 132.80
GBPJPY declined more than 150 pips on the weak Pound sterling. The dip in the pound sterling is mainly due to broad-based US dollar buying. Markets eye BOE Bailey speech and decision on the Furlough scheme which is going to expire on Oct for further direction. The intraday trend of the Pound/Yen is bullish as long as 140 holds.
On the weekly chart, it shows that the pair is facing strong resistance at 143.15 (200-W EMA). Any violation above that level targets 144.80/146. On the flip side, near term support is around 141.30, and any break below targets 140.80/140.13/139.50.
It is good to buy on dips around 141.60-65 with SL around 140.80 for the TP of 143/144.80.


FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro- Major European Indices
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro- Major Pair levels and bias summary
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro- Woodies Pivot(Major)
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro- Woodies Pivot(Major)
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: AUD/USD retreats slightly but trend is still bullish 



