Ichimoku Analysis (8-hour chart)
Tenken-Sen- 134.20
Kijun-Sen- 133.32
GBPJPY is consolidating in a narrow range between 134.70 and 133.98 for the past two trading days. GBP is struggling to close above 1.2530 despite better than expected UK Construction PMI. It came at 55.3 in June compared to a forecast of 47 and 28.9 previous month. Markets eye post-Brexit EU and the UK in London for further direction.
The daily chart shows that the pair is trading slightly above 100- day MA (134.20). The near term resistance is around 134.70, any close above will take the pair to next level till 135.25/135.75/136.35.
On the lower side, strong support is at 133.79 (55- 8H EMA), and the violation below that level targets 133/131.75.
It is good to buy on dips around 134 with SL around 133 for the TP of 136.35


FxWirePro: AUD/USD dips below lower range, bearish bias increases
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: USD/CAD slips after Fed holds rates steady
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro: USD/ CNY hits one-month low,scope for futher downside
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies 



