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.