ForexKei-Official

GBPJPY Daily bouncing by Tenkan Sen

Long
FX:GBPJPY   British Pound / Japanese Yen
Comment:

GBPJPY Daily timeframe showing a bounce by Tenkan Sen today. Below is Ichimoku Trend Analysis as well as next possible scenario.

Ichimoku Trend Analysis:

- Kumo (Senko span A) up
- Kijun sen up
- Tenkan Sen up
- Chiko Span above candles

Next Scenario:

The market has been bounced by Tenkan Sen as well as a trend line.
Market is continuously bullish and heading towards a resistance level of Feb 2018 at 156.610 level.

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