FxWirePro: GBP/USD bulls remain cautiously optimistic 
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 
FxWirePro- Major Crypto levels and bias summary 
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro- Major European Indices 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY holding bid into weekend 
Ichimoku Analysis (hourly chart)
Tenken-Sen- 135.99
Kijun-Sen- 136.23
GBPJPY is trading slightly lower on the declining Pound sterling. GBPUSD lost more than 50 pips on profit booking. The pair gained a lot on broad-based US dollar selling after Biden was announced as US President. The Brexit optimism and chance of BOE to provide stimulus to support the economy are supporting Pound sterling at lower levels. The intraday trend is slightly bullish as long as support 135.50 holds.
Technical:
In the 60 min chart, GBPJPY is trading slightly above 200 MA and any convincing break above 136.60 will take the pair till 137/137.38. On the lower side, near term intraday support is around 135.50, and any indicative break below that level targets 135.37/135.20/134.80/134.
It is good to buy on dips around 135.55-60 with SL around 135 for the TP of 137.
