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Overall, GBP/JPY is trending upwards. The UK employment data released yesterday indicated an overall deterioration in the UK job market. In July, there was an increase in the number of people claiming for unemployment benefits, a rebound from the decrease in June. Unemployment rate in July remained the same for the fourth consecutive month while average earnings continue to decline. -Claimant Count Change (Actual: 94.4K, Forecast: 9.7K, Previous: -28.1K) -Average Earnings Index 3m/y (Actual: -1.2%, Forecast: -1.2%, Previous: -0.3%) -Unemployment Rate (Actual: 3.9%, Forecast: 4.2%, Previous: 3.9%) Currently, GBP/JPY is testing the resistance zone of 139.000 and the next support zone is at 136.200. With the poor UK employment figures, look for selling opportunities of GBP/JPY if it bounces off the resistance zone of 139.000.