Ichimoku Analysis (Hourly chart)
Tenken-Sen- 138.78
Kijun-Sen- 138.69
GBPJPY is trading slightly higher on the strong Pound sterling. GBPUSD surged more than 40 pips in the UK session on upbeat comments from Raas on Brexit. The COVID vaccine optimism is also dragging the US dollar down. The intraday trend of GBPJPY is neutral as long as 138 holds. USDJPY continues to trade weak after forming a minor top at 104.76.
Technical:
The pair is facing strong intraday resistance 139.20, break above confirms minor bullishness. A jump to 139.85/140.31 is possible. On the lower side, near term support is around 138.49 and any indicative break below will drag the pair to 138.20/138/137.60/137.19.
It is good to sell on rallies around 139.15-20 with SL around 140 for the TP of 137.


FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro: USD/CAD slips after Fed holds rates steady 



