Ichimoku Analysis (Weekly Chart)
Tenken-Sen- 146.29
Kijun-Sen- 142.64
GBPJPY continues to trade higher for the 12th consecutive week and surged more than 10% on weak yen. The yen is trading weak against all majors especially USD on bullish US bond yield. USDJPY is trading well above 200-W MA; any close above confirms a bullish continuation. GBPUSD is trading lower and struggling to regain above 1.4000. Markets eye UK PM Jhonson stimulus for further direction. The short-term trend of GBPJPY is bullish as long as support 150.60 holds.
Technical:
The pair's near-term resistance around 152.50, any break above targets 153.50/154/154.40. On the lower side, near-term support is around 151.20. An indicative violation below will drag the pair down to 150.50/150. Significant trend reversal only below 149.35.
Indicator (Weekly chart)
CAM indicator –Bullish
Directional movement index –Bullish
It is good to buy on dips around 151 with SL around 150 for the TP of 153.


FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: AUD/USD dips below lower range, bearish bias increases
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro- Major Crypto levels and bias summary
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro- Major Pair levels and bias summary
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 



