GBPJPY bearish by Ichimoku
Comment:
GBPJPY Daily timeframe shows a continuously bear trend.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan Sen down
- Kijun sen below candles
Next Scenario:
Market is on a support zone between 149.03 and 148.51 area. Market could bounce from here and retraces back to Kijun sen. Better to wait for a breakout of 148.51 and look for a selling edge.
GBPJPY Daily timeframe shows a continuously bear trend.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan Sen down
- Kijun sen below candles
Next Scenario:
Market is on a support zone between 149.03 and 148.51 area. Market could bounce from here and retraces back to Kijun sen. Better to wait for a breakout of 148.51 and look for a selling edge.
Forex Kei
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Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
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