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ForexKei-Official

GBPJPY bearish momentum by Ichimoku

Short
British Pound / Japanese Yen (FX:GBPJPY)  
ForexKei-Official  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Technical Indicators forexkei Ichimoku Cloud ichimokukinkohyo GBPJPY
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trendanalysis indicator forexkei ichimokuclouds ichimokukinkohyo gbpjpy
GBPJPY H4 timeframe shows a bearish momentum by Ichimoku as below.

Ichimoku Analysis

- Kumo is bearish and Thick
- Price below Kumo, Tenkan sen, and Kijun sen

Next Scenario

Once we find below 2 confirmations, market can continuously be bearish.
- Chiko Span breakout
- Price breaks the support level of 149.58 level.
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