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.