GBPJPY Daily timeframe is showing uptrend as per Ichimoku trend confirmation.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up - Kijun sen up - Tenkan sen up - Chiko span above candles
Next Scenario:
Yesterday market broke the previous high level of 157.416 and showing continuous uptrend. It may retrace back to Tenkan sen as Kumo is still a bit small. And once it bounces by Tenkan sen, next target will be at 160.133.
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