ForexKei-Official

GBPJPY continuously bullish by Ichimoku

Long
FX:GBPJPY   British Pound / Japanese Yen
Comment:

GBPJPY Daily timeframe is showing uptrend as per Ichimoku trend confirmation.

Ichimoku Trend Analysis:

- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko span above candles

Next Scenario:

Yesterday market broke the previous high level of 157.416 and showing continuous uptrend. It may retrace back to Tenkan sen as Kumo is still a bit small. And once it bounces by Tenkan sen, next target will be at 160.133.

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