Ichimoku Analysis (Daily chart)
Tenken-Sen - 148.35
Kijun-Sen - 146.16
GBPJPY has shown a gap down opening after long week of consolidation. The pair has formed temporary top around 149.50 and started to decline from that level. It hits low of 146.60 and is currently trading around 146.60.
The pair has closed well below 148 (200- day MA) and this confirms trend reversal. The major near resistance is around 148.35 and any beak above targets 149.30/149.70. Any break above 150 confirms that short term selling got completed at 139.89 and new major bullish trend will continue after breaking 150. Any violation above targets 153.75/156.60.
On the lower side, near term support is around 146.40 (89- day EMA) and any drag below 145/144.
It is good to sell on rallies around 147.30-35 with SL around 148.35 for the TP of 145.


FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro- Major Pair levels and bias summary
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: GBP/USD slips as dollar rebounds from six-week low
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 



