Ichimoku Analysis (4-Hour Chart)
Tenken-Sen- 136.65
Kijun-Sen- 136.248
GBPJPY has once again declined after showing a minor jump above 137.40. The sharp sell-off in Pound sterling came after US President Trump has said to halt stimulus package talks with Democrats. GBPUSD lost more than 140 pips and took support near 100- 4H MA. The renewed hopes of US stimulus is supporting GBPUSD at lower levels. The short term trend of GBPJPY is slightly bullish as long as support 135 holds.
The pair is facing strong resistance around 137.47 (200-4H MA) and any indicative break above will take the pair till 138.31/139/140. It is facing strong support at 136.20, any indicative below that level targets 135.80/135/134.60/134/133.
It is good to buy on dips around 136.50-55 with SL around 135.80 for the TP of 138.


FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro- Woodies pivot (Major)
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro- Major Crypto levels and bias summary
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro- Major Crypto levels and bias summary
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro: AUD/USD softens as risk appetite abates 



