Yep, Ichimoku on daily chart gives the same target : prices has been stopped by kijun line. Prices are now in a range between kijun and tenkan lines.

GBP/JPY

Yep, maybe... we were too oversold to go down. The structure is very similar to the one we had on 15th july.

GBP/JPY

GBP/USD is falling. Because of correlation analysis, we can epxect GBP/JPY to do the same.

GBP/JPY

The break was finally here. We had to wait prices broke the trend line.

GBP/JPY

We are close to a big break out now. This indicator is very relevant. Look at the one hour chart... The purple bar is extremely rare.

GBP/JPY

I've revised my analysis. Here is maybe a better idea. What do you think ?

GBP/JPY

'Cause none candle has closed under 172.795... Prices always came back into the box... We have to wait for a real break...

GBP/JPY

GBP/JPY fail to reach 173.830 because of the cloud in the one hour timeframe. GBP/JPY is now going back to the next daily support 172.390.

GBP/JPY

Next resistance will probably be 173.830.

GBP/JPY

The Chikou Span is near the twist of the cloud. Prices can continue to go down in the next candle.

GBP/JPY

We had a huge accumulation yesterday. Prices are now in a tiny range, between resistance and support. Will prices bounce once again ? I'm waiting for a break out.

GBP/JPY

The last candle broke the support. We seem to have a test on the current candle. Look at the low volume. If it is a test, prices will continue to fall down to the next daily support around 172.410.

GBP/JPY

I expect a hicke now.

GBP/JPY

We are on a break out and prices have just broken the resistance. Seems we will continue to go up until we will touch the upper bollinger band.

GBP/JPY