Ichimoku Analysis (Weekly chart)
Tenken-Sen- 138.34
Kijun-Sen- 133.35
GBPJPY is trading weak for the entire week and lost more than 500 pips on the weak Pound sterling. GBP declined more than 250 pips in the past two days on Brexit uncertainty. The UK GDP came at 6.6% July slightly lower than expected. The intraday trend of the Pound/Yen is bearish as long as resistance 138 holds.
On the 4-hour chart, the pair has broken holding well below 200 MA. Any break below 137.60 will drag the pair down till 137/136.75/135.99. It is facing strong resistance at 138.35, any violation above that level targets 139.05/140.70/141.45/142.71.
It is good to sell on rallies around 138.25-30 with SL around 139.05 for the TP of 136.75.


EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro: AUD/USD softens as risk appetite abates
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro- Woodies pivot (Major)
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum 



