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27.04.2018 12:05 AM
The daily review of the currency pair GBP / JPY for April 26, 2018. Ichimoku Indicator

GBP / JPY

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Senior timeframes

Interaction with resistances 152.14-20 (daytime Tenkan + weekly Fibo Kijun) continues. Players on the increase at the moment lack the strength and activity for reliable securing above these levels. As a result, the bears can start to decrease again at any time. The key support is still the area of 150.77, combining the weekly and daily Kijun, as well as the daytime Senkou Span B.

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H4-H1

The cloud H4 and the levels of attraction and resistance of the upper half (152.14-20) were able to slow down the development of further upswing. The upward direction now remains the same, the target for breakdown of the H1 cloud (152.71-94) and the maximum extreme of the daily correction (153.83). If the players on the slide now can move to active actions and return to themselves in the lower half times 152,14-20, having fixed in the bear zone against the clouds of younger timeframes, then on the way to the key support of this site (150.77) the most likely will be the area 151.50 (the final borders of the cross N4 + day Fibo Kijun).

Evangelos Poulakis,
Analytical expert of InstaForex
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