- GBPJPY broken major support at 141.26 previous week low and started to decline from that level. The pair has close well below that level in the weekly chart. It is currently trading around 140.39.
- Short term trend is weak as long as 143.20 (21- day EMA) holds. Any break above confirms minor bullishness, a jump till 144/145 likely. Overall bearish invalidation only above 147.70. The minor resistance is around 142.
- On the lower side, near tern support is around 140 and any break below will drag the pair down till 138.67 (Jun 12th 2017 low)/135.59 (Apr17th 2017 low).
It is good to sell on rallies around 140.85-140.90 with SL around 142 for the TP of 138.67/135.60.


GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro: AUD/USD bulls gain momentum heading into the year end
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
AUD/JPY Buoyed by Holiday Calm: Buy the Dips Above 103.80 for a Run Toward 106
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
NZD/JPY Drifts Sideways: Mixed Signals Say “Stand Aside for Now”
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: USD/CNY hits 15-month low , scope for further downside
FxWirePro: USD/JPY bears maintain upper hand 



