Ichimoku analysis (Hourly chart)
Tenken-Sen- 136.50
Kijun-Sen- 136.11
GBPJPY is trading higher for 2nd consecutive days and jumped more than 150 pips. The intraday trend of this pair remains bullish as long as support 136.20 holds. The Pound sterling was trading higher against the USD in hopes of Brexit trade talks. The PM Johnson said on Friday that the UK should prepare for no-deal Brexit.
Technical:
In the Hourly chart, GBPJPY is struggling to close above 200- MA. Any convincing break above 136.80 will take the pair till 137.33/138. On the flip side, near term intraday support is around 136.50 and any indicative break below that level will take the pair till 136/135.66.
It is good to buy on dips around 136.65-70 with SL around 136.20 for the TP of 138/139.


FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro: USD/CAD slips after Fed holds rates steady
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
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: USD/ CNY remains soft ahead of Fed decision
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro- Woodies pivot (Major)
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro: GBP/USD rises as soft US data pressures dollar 



