Ichimoku Analysis (1-Hour chart)
Tenken-Sen- 138.50
Kijun-Sen- 138.74
GBPJPY is trading slightly lower after hitting a high of 139.23. The intraday trend is still on the higher side as long as support 138. GBPUSD retreats from 4-month high on the possibility to end the furlough scheme. The optimistic view on the UK economy by BOE is supporting Pound at lower levels.
The hourly chart shows that the pair is holding below the cloud (138.40). Any break below 137.60 (200-H MA) will drag the pair down till 137/136.60. The near term resistance is around 139.25, any break above will take the pair to 139.75/141.07.
It is good to sell on rallies around 138.55-60- with SL around 139.30 for the TP of 137/136.60.


FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: USD/ CNY hits one-month low,scope for futher downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Major Pair levels and bias summary
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro:EUR/NZD gains some upside momentum but still bearish 



