Ichimoku Analysis (hourly chart)
Tenken-Sen - 131.53
Kijun-Sen - 131.56
GBPJPY is trading in a narrow range between 132.54 and 131.28 for the past three days. Short term trend is still weak as long as resistance 133.35 holds. The slight strength in yen is putting pressure on price on higher levels. USDJPY has formed a minor top around 108.45 and started to decline from that level.
GBP continues to trade lower after hitting high of 1.24130 and is currently trading around 1.23224
Technically, near term support is around 131 and any break below will drag the pair till 130.10/128.
The minor intraday trend reversal only above 132.30 and any violation above will take the GBPJPY till 133/133.35/134/134.60. Major trend reversal only above 135.75.
It is good to sell on rallies around 131.95-132 with SL around 132.70 for the TP of 130/128.


FxWirePro: AUD/USD gains some ground but outlook is bearish
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro- Woodies pivot (Major)
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Major Crypto levels and bias summary
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus 



