Ichimoku Analysis (Daily chart)
Tenken-Sen- 140.16
Kijun-Sen- 140.16
GBPJPY continues to trade lower and hits a 2-week low on a weak Pound Sterling. The Pound is trading well below 1.3000 on Brexit uncertainty and COVID related restrictions in the UK after the coronavirus spike. The intraday trend of the Pound/Yen is bearish as long as resistance 138.20 holds.
On the daily chart, the pair has broken holding well below 100 MA. Any break below 139.60 will drag the pair down till 138.25/137.84. It is facing strong resistance at 140.10, any violation above that level targets 140.70/141.45/142.71.
It is good to sell on rallies around 139.55-60 with SL around 140.50 for the TP of 137.85


FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro: AUD/USD dips below lower range, bearish bias increases
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro: USD/ CNY hits one-month low,scope for futher downside
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD gains some upside momentum but still bearish 



