GBPJPY bearish by Ichimoku

Comment:

GBPJPY Daily timeframe shows a continuously bear trend.

Ichimoku Trend Analysis:

- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan Sen down
- Kijun sen below candles

Next Scenario:

Market is on a support zone between 149.03 and 148.51 area. Market could bounce from here and retraces back to Kijun sen. Better to wait for a breakout of 148.51 and look for a selling edge.