FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds 
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed 
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision 
FxWirePro : GBP/NZD strongly bearish despite upside attempts 
FxWirePro:EUR/NZD gains some upside momentum but still bearish 
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict 
FxWirePro: USD/ CNY hits one-month low,scope for futher downside 
FxWirePro: USD/CAD slips after Fed holds rates steady 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
Ichimoku Analysis (Hourly chart)
Tenken-Sen- 140.92
Kijun-Sen- 140.99
GBPJPY is showing a minor recovery after hitting a low of 140.50. GBP jumped more than 50 pips from a low of 1.3245 against USD on broad-based US dollar selling. The overall weakness in the Pound sterling due to Brexit uncertainty and doubts overextension of the Furlough scheme. The chance of negative interest rate comments by BOE Bailey also putting pressure on Pound Sterling. The intraday trend of the Pound/Yen is bearish as long as resistance 142 holds.
On the hourly chart, the pair surged sharply after a minor dip below 200 – MA. Any close below 140 .80 will drag the pair down till 140/139.66/138.41. It is facing strong resistance at 143.15, any violation above that level targets 144.80/146.
It is good to sell on rallies around 141.55-60 with SL around 142.70 for the TP of 138.50.
