06.06.201822:41 Forex Analysis & Reviews: The daily review of GBP / JPY as of June 6, 2018. Ichimoku Indicator

GBP / JPY

The day's cross was left behind. The players on the rise are close to testing the resistance of the weekly timeframe (Senkou Span A + Tenkan + Fibo Kijun). Overcoming the zone 148.08-50 will open the way to the key resistance of this area, concentrated in the area of 150 (the target for the breakdown of the cloud is H4 + day cloud + final lines of the weekly cross + monthly Tenkan). In the current situation, it should be noted that the rise was fairly productive, and in the zone of resistance (148.08-50) combined forces of several strong levels at once. Therefore, in the near future, it is possible to brake and even pullback reduction. The players on the rise can now take a pause to wait for the formation of the day's golden cross, the support of which supports can be decisive in storming the day's cloud and eliminating the week-long cross. The support zones are now in a dynamic state, they are formed from the H4 cloud and the day cross levels. Now, the support can be noted at 147.50 - 146.63 - 145.50-90.

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.