Ichimoku Analysis (Hourly chart)
Tenken-Sen- 141.12
Kijun-Sen- 141.10
GBPJPY is consolidating after massive recovery of more than 1200 points from low of 130.65 level. The UK Parliament rejection of Brexit vote was one the reason for jump in Pound sterling against other pairs. This has increased the chance of delay in Brexit. The pair hits low of 140.65 and is currently trading around 140. Markets eye UK jobs data for further direction.
On the lower side,any hourly close below 140.80 confirms further weakness and a dip till 140/139.50/137.40 is likely.
The minor bullishness can happen only above 141.50 and any break above targets 142.25/143.
It is good to sell on rallies around 140.75-80 with SL around 141.50 for the TP of 139.50/137.40.


FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro- Woodies pivot (Major)
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113
FxWirePro: GBP/NZD stuck in range but outlook is bullish 



