Ichimoku Analysis (Daily chart)
Tenken-Sen- 137.28
Kijun-Sen- 136.46
GBPJPY has once again taken support near 200- day MA and shown a recovery of 70 pips. The slight weakness in Pound sterling due to huge job loss in the UK. According to data obtained by the BBC via Freedom of Information requests, there will be 139000 jobs cut in England, Scotland and Wales. The short term trend is still on the higher side as long as support 137.40 holds. GBPUSD retreats after a minor jump above 200-W EMA.
The daily chart shows that the pair is holding above 100 and 200- day MA. Any break below 137.40 (200- MA) will drag the pair down till 137/136.60. The near term resistance is around 139.25, any break above will take the pair to 139.75/141.07.
It is good to buy on dips 138 with SL around 137.25 for the TP of 140.


FxWirePro- Major European Indices
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY holding bid into weekend
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: EUR/AUD under pressure as key support gives way
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 



