Ichimoku Analysis (4- Hour chart)
Tenken-Sen- 138.36
Kijun-Sen- 138.70
GBPJPY has shown a massive recovery of more than 150 pips on the strong Pound sterling. GBPUSD is holding above 1.3400 after a dip below 1.3200. The pound sterling was one of the worst performers this week on rising concern over new coronavirus in the UK. European countries have started to ban flights coming from the UK on the new strain of coronavirus. Markets eye Brexit talks and virus update for further direction. The intraday trend of GBPJPY is bullish as long as support 137.96 holds.
Technical:
The pair is facing significant resistance at 139.65, any indicative break above targets 140/140.70. Any indicative break above 140.70 confirms trend continuation, a jump till 141.50/142. On the lower side, near term support is around 138.26, and any violation below targets 137.95/137.19/136.75.
It is good to buy on dips around 138.75-80 with SL around 138.25 for the TP of 140.70.


FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro: USD/ CNY hits one-month low,scope for futher downside
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro- Woodies pivot (Major)
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro: AUD/USD dips below lower range, bearish bias increases
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro: GBP/AUD gains some upside momentum but still bearish 



