GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum 
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout 
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FxWirePro: USD/JPY on nervous hold around 160.00 
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FxWirePro- Woodies pivot (Major) 
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188 
Ichimoku Analysis (Hourly Chart)
Tenken-Sen- 135.17
Kijun-Sen- 135.45
GBPJPY has shown a sell-off of more than 70 pips during the Asian session on strong yen. USDJPY continues to trade weak for 2nd consecutive week and lost more than 200 pips. The pair has broken significant support 104.18 (Jul 31st, 2020 low) and a dip till 103 is likely. The overall trend of GBPJPY is weak as long as resistance 136.20 holds.
On the hourly chart, the pair is holding well below 55-EMA. It has broken yesterday's low of 134.50 and this confirms further weakness, a dip till 133.98/131.75. It is facing strong resistance at 135.35, any violation above that level targets 136.20/137/138.
It is good to sell on rallies around 13with SL around 137 for the TP of 133.98.
