Ichimoku Analysis (Daily chart)
Tenken-Sen- 134.34
Kijun-Sen- 133.54
GBPJPY continues to trade higher for past 1-week and jumped more than 500 pips on the strong Pound sterling. The pound sterling showed a massive recovery of more than 150 pips against USD on broad-based dollar selling. USDJPY hits 2- month high on easing demand for safe-haven assets and any break above 109.38 confirms further bullishness.
The daily chart shows that the pair is trading well above 200-day MA (137.40). The near term resistance is around 138.50, any break above will take the pair to next level till 139.25/140.
On the lower side, strong support is at 137.20, and the violation below will take the pair to 136.10/135.75.
It is good to buy on dips around 138.20-25 with SL around 137.20 for the TP of 140.


Bitcoin’s Islamabad Watch: BTCUSD Consolidates Near 71,421 USD as Geopolitical Peace Talks Loom
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro:NZD/USD continues to recovers , upside pressure builds
Aussie Consolidates After Peak: AUDJPY Bulls Eye a Strategic Entry for the 115.00 Target
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro: GBP/USD biased higher but rally currently stretched
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro- Major European Indices
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro -Major European Indices
FxWirePro: GBP/USD bulls remain cautiously optimistic
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: EUR/AUD under pressure as key support gives way 



