Ichimoku Analysis (Daily chart)
Tenken-Sen- 138.64
Kijun-Sen- 139.06
GBPJPY is trading in a narrow range between 136.58 and 135.41 for the past two days. The surge in Yen against all majors especially is putting pressure on this pair at a higher level. USDJPY lost nearly 100 pips this week due to an increase in safe-haven demand. The UK inflation came better than expected at 0.2% y-o-y vs forecast of 0.1%. The intraday trend of the Pound/Yen is bearish as long as resistance 136.60 holds.
On the daily chart, the pair is holding well below 200-MA. Any close below 135.60 will take it down to the next level till 135/134. It is facing strong resistance at 136.60, any violation above that level targets 137.35/138.
It is good to sell on rallies around 136.35-40 with SL around 137 for the TP of 133.98.


NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
FxWirePro- Major Crypto levels and bias summary
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro: AUD/USD softens as risk appetite abates
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188 



