Ichimoku Analysis (hourly chart)
Tenken-Sen- 137.38
Kijun-Sen- 137.09
As per our yesterday analysis GBPJPY has shown a minor jump till 137.53 after breaking 137.29 high made on May 31st. The pair has formed a temporary bottom near 136.50 and it has halted its past 10 days weak trend.The weakness was mainly due to selling in GBP due to Brexit uncertainty. It is currently trading around 137.40.
The near term major intraday resistance is around 137.50 (trend line resistance) and any violation above will take the pair to next level till 138.15/138.73.Any break above 138.75 confirms bullish continuation and jump till 138.72 likely.
On the lower side, major support is at 137 and any violation below will drag the pair to next level till 136.50/135.80/135.50.
It is good to buy on dips around 137.30-35 with SL around 136.80 for the TP of 138.70.


FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 



