26.02.201812:29 Forex Analysis & Reviews: The daily review of the currency pair GBP / JPY on February 26, 2018. Ichimoku Indicator

Senior timeframes

The pair keeps its work in the zone of correction and uncertainty under the daytime cloud. Now, the cloud combined its efforts with the weekly Fibo Kijun (150.70) and the monthly Kijun (151.07) and is the most significant zone of resistance. The center of attraction in this situation is the daytime Tenkan (149.42), while the weekly Kijun (148.88) and the monthly Tenkan (147.62) remain support, despite the separation of zones of influence.

H4-H1

The players use the weekly Kijun (148.88) that came to the rescue, to try and fully regain support for the Ichimoku indicator. In the event of the liquidation of the dead cross H4 (Kijun 149.71) and the breakdown of the H1 cloud (Senkou Span B 149.71), the resistance and the attraction of the cloud H4, the upper boundary of the cloud H4 (Senkou Span B 150.98) reinforced at once several levels of senior times (150.70 - 151.07). Today, the support can be noted at 148.88 - 148.50-20 - 147.60.

Indicator parameters:

All time intervals 9 - 26 - 52

The color of indicator lines:

Tenkan (short-term trend) - red,

Kijun (medium-term trend) - green,

Fibo Kijun is a green dotted line,

Chinkou is gray,

Clouds: Senkou Span B (SSB, long-term trend) - blue,

Senkou Span A (SSA) - pink.

The color of additional lines:

Support and resistance MN - blue, W1 - green, D1 - red, H4 - pink, H1 - gray,

Horizontal levels (not Ichimoku) - brown,

Trend lines - purple.