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Ichimoku analysis (Hourly chart)
Tenken-Sen- 144.81
Kijun-Sen - 144.91
GBPJPY is moving like a seesaw for the past five working days . The pair was trading between 144 and 145.93.It is currently trading around 145.08.
On the higher side, near term trend line resistance is around 145.20 and any break above targets 146/146.35 (50% fib).
The near term major support is around 144.35 and any break below targets 144/143.
It is good to buy above 145.20 with SL around 144.80 for the TP of 146.35.
