Ichimoku analysis (Hourly chart)
Tenken-Sen- 137.32
Kijun-Sen- 137.20
GBPJPY has formed a double top around 137.60 and shown a minor correction. The pound sterling has shown a massive jump against on hopes of fresh US stimulus before the election. The Bank of England member Gertjan Vlieghe said that the central bank backs negative interest rates to boost the economy. GBPUSD lost more than 70 pips from the high of 1.31767. The intraday trend of GBPJPY is slightly bullish as long as support 136.20 holds.
Technical:
In the Hourly chart, GBPJPY is facing strong support at 55-EMA. Any convincing break below 137 will drag the pair till 136.77/136.20/136. On the higher side, near term intraday resistance is around 137.60 and any indicative break above that level will take the pair till 138/139.
It is good to buy on dips around 137.20-25 with SL around 137 for the TP of 137.60/138.


Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: AUD/USD dips below lower range, bearish bias increases
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ CNY hits one-month low,scope for futher downside
FxWirePro : GBP/NZD strongly bearish despite upside attempts
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: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict 



