Ichimoku Analysis (Hourly Chart)
Tenken-Sen- 133.66
Kijun-Sen- 134.14
GBPJPY surged more than 100 pips from an intraday low of 133.04continues to trade lower and breaks major support 133.98. The weak Pound sterling on account of broad-based US dollar buying. GBPUSD recovered sharply after BOE Bailey confirmed that the central bank is not planning for negative interest rates. Markets eye UK PM's Cabinet Office Briefing Rooms (COBR) for further direction. USDJPY took support at 104 and shown a minor jump. The overall trend of GBPJPY is weak as long as resistance 135.75 holds.
The pair is holding well below 134 and this confirms major weakness, a dip till 131.75/130 likely. It is facing strong resistance at 134.40, any violation above that level targets 135/135.94/136.83.
It is good to sell on rallies around 134.55-60 with SL around 137 for the TP of 133.98.


FxWirePro- Major Pair levels and bias summary
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro: AUD/USD dips below lower range, bearish bias increases
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro:EUR/NZD gains some upside momentum but still bearish
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro- Major Crypto levels and bias summary
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro- Woodies pivot (Major)
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch 



