Ichimoku Analysis (Hourly Chart)
Tenken-Sen- 151.42
Kijun-Sen- 150.95
Previous week high – 153.45
GBPJPY has broken significant trend line support and holding well below that level. The pound sterling inching towards 1.3600 after dismal UK retail sales data. It has dropped by -2.5% in July compared to a forecast of 0.2%. The intraday trend of GBPJPY is bearish as long as resistance 150.60 holds.
USDJPY- Analysis
Holding below 110 levels. Major resistance to watch 110.80. Significant support is around 109.
GBPUSD- Bearish
The pair is trading well below 200-day MA, a dip till 1.3570 possible.
Technical:
The pair's immediate resistance is around 150.22, any jump above targets 150.60/151/151.55. Significant bullish continuation if it breaks 153.50. On the lower side, near-term support is around 149. Any indicative violation below targets 148/147.40.
Ichimoku Analysis- The pair is trading below Kijun-Sen and Tenken-Sen.
Indicator (Hourly chart)
CAM indicator-Bearish
Directional movement index –Bearish
It is good to sell on rallies around 151 with SL around 151.55 for a TP of 149.


FxWirePro: GBP/USD advances on steady UK GDP growth
FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Major US Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106 



