Ichimoku Analysis (4-Hour Chart)
Tenken-Sen- 150.99
Kijun-Sen- 150.82
Previous week high – 153.45
GBPJPY is consolidating in a narrow range between 150.94 and 151.59 for the past three days. It is holding above 151 levels on pound sterling bullishness. GBPUSD trades above 1.3750 on board-based US dollar weakness. Any breach above 1.380 confirms bullish continuation. The Brexit pessimism and spread of the delta variant are putting pressure on Pound. The intraday trend of GBPJPY is neutral as long as resistance 151.75 holds.
USDJPY- Analysis
The pair has once again declined after a breach above the 110 level. The intraday resistance to watch 110.25. Significant support is around 109.
Technical:
The pair's immediate resistance is around 151.75, any jump above targets 152/153. Significant bullish continuation if it breaks 153.50. On the lower side, near-term support is around 150.50. Any indicative violation below targets 150/149/148.45.
Ichimoku Analysis- The pair is trading above 4- hour Kijun-Sen and below Tenken-Sen
Indicator (4 Hour chart)
CAM indicator- Slightly Bullish
Directional movement index –Neutral
It is good to buy on dips around 150.55-60 with SL around 150 for a TP of 153.


Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 



