Ichimoku analysis (8-hour chart)
Tenken-Sen- 143.23
Kijun-Sen- 143.33
GBPJPY trades lower for the past 5 days and lost more than 250 pips on strong Yen. The demand for Safe-haven assets increased in the outbreak of coronavirus. USDJPY lost more than 150 pips from a high of 110.29 and is currently trading around 109.09.
Technically, the pair is trading below 200-8H MA and confirms minor weakness, a dip till 141.30/140.80. Major trend reversal below 140.80.
On the higher side, near-term resistance is around 142.28 and any violation above will take the pair to next level till 142.75/143.09
It is good to sell on rallies around 141.95-42 with SL around 143 for the TP of 140.80.


FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: GBP/AUD drifts lower after BOE rate decision
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: AUD/USD gains some ground but outlook is bearish
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD rises as soft US data pressures dollar 



