GBPJPY bullish momentum by Ichimoku
Comment
GBPJPY Daily timeframe shows bullish momentum as per below Ichimoku confirmations.
Ichimoku Analysis
- Price above Kumo, Kijun sen, and Tenkan sen.
- Chiko Span above candles
- Senko span B is bullish
Next Scenario
Daily timeframe shows market is in a middle of breakout of previous resistance at 152.55 level. Better wait for a candle close will be above the resistance by the end of today's NY session.
Once it breaks, then it could reach up to 153.86 level which is previous high from last March 2020.
If it doesn't break, then market could retrace back to Kijun sen in Daily chart.
GBPJPY Daily timeframe shows bullish momentum as per below Ichimoku confirmations.
Ichimoku Analysis
- Price above Kumo, Kijun sen, and Tenkan sen.
- Chiko Span above candles
- Senko span B is bullish
Next Scenario
Daily timeframe shows market is in a middle of breakout of previous resistance at 152.55 level. Better wait for a candle close will be above the resistance by the end of today's NY session.
Once it breaks, then it could reach up to 153.86 level which is previous high from last March 2020.
If it doesn't break, then market could retrace back to Kijun sen in Daily chart.
Forex Kei
Official Website: forex-kei.com
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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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