Ichimoku Analysis (1-hour chart)
Tenken-Sen- 138.57
Kijun-Sen- 139.09
GBPJPY recovered sharply after hitting a low of 138.25 yesterday. The slight decline in the Pound Sterling due to Brexit uncertainty and lack of clarity in the Furlough scheme. The GBP recovered slightly more than 50 pips from the bottom of 1.30592. The intraday trend of Pound/Yen is weak as long as resistance 140.20 holds.
The hourly chart shows that the pair is holding below 200 MA. Any break above 139.28 will drag the pair till 140.20/141/141.80. The near term resistance is around 138.20, any break below targets 137.40/136.60.
It is good to sell on rallies around 139.15-20 with SL around 140.20 for the TP of 137.40.


NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: USD/ CNY remains soft ahead of Fed decision
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro:EUR/NZD gains some upside momentum but still bearish
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro- Woodies pivot (Major)
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary 



