Ichimoku Analysis (Hourly Chart)
Tenken-Sen- 143.479
Kijun-Sen- 143.452
GBPJPY is consolidating after hitting an 11-month high around 144.098 levels. Short term trend is bullish as long as support 142.15 holds. The surge in global markets and coronavirus vaccine rollout has decreased demand for safe-haven assets like the yen. USDJPY is consolidating in a narrow range, violation above 105.67 (200- day MA) targets 106.25/106.50. The pair is holding above significant resistance 142.71 confirms that the decline from 147.95 got completed at 123.58.
Technical:
The pair's significant resistance at 144.10, any convincing break above targets 145/146.10. On the lower side, near term support is around 142.70, and any violation below targets 142.20/141.80/141.20.
It is good to buy on dips around 142.75-80 with SL around 142.15 for the TP of 145/146.


Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: USD/ CNY remains soft ahead of Fed decision
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro- Major Pair levels and bias summary
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro : GBP/NZD strongly bearish despite upside attempts
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro- Woodies pivot (Major) 



