GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217 
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117 
FxWirePro- Major European Indices 
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NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97 
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FxWirePro- Major Pair levels and bias summary 
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117 
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout 
FxWirePro- Major Pair levels and bias summary 
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Ichimoku Analysis (Hourly Chart)
Tenken-Sen- 151.31
Kijun-Sen- 150.95
Previous week high – 153.45
GBPJPY has shown a nice recovery yesterday on board-based Japanese yen weakness. The pair surged more than 200 pips from a minor bottom 149.18. The pound sterling declined slightly after UK supermarkets warn food shortages over Christmas due to Brexit and COVID. The intraday trend of GBPJPY is bullish as long as support 150 holds.
USDJPY- Analysis
It is holding above 110 levels as US treasury yield surges. The intraday resistance to be watched 110.25. Significant support is around 109.
Technical:
The pair's immediate resistance is around 151.55, any jump above targets 151.85/152. Significant bullish continuation if it breaks 153.50. On the lower side, near-term support is around 150.85. Any indicative violation below targets 150.40/150/149.
Ichimoku Analysis- The pair is trading above hourly Tenken-Sen and above Kijun-Sen.
Indicator (Hourly chart)
CCI (50)-Bullish
Directional movement index –Bullish
It is good to buy on dips around 151.25-30 with SL around 150.80 for a TP of 153.
