GBP / JPY pair
Higher timeframes
The breakout was short-lived and development was not well received, instead, players on the rise went beyond the one-week dead cross (Fibo Kijun 152.14). Overcoming the resistance level at 152.14 opens the prospects for the fulfillment of the target for the breakdown of the day's cloud. Execution of the target at the breakdown of the day's cloud will lead to a pair of resistance to the monthly cloud (156.51). Key support is now located in the area of 150.77 (weekly Kijun + day Tenkan and Senkou Span B).
H4 - H1
The Ichimoku indicator is now completely on the side of the players to raise. The goals and benchmarks of the junior time intervals have been worked out, the resistance levels should now look for at higher timeframes. Both the H4 and H1 charts can only prompt intermediate support in this situation. Among the strongest and most significant supports today, levels at 152.14 (week level + Tenkan H4 + Kijun H1) and 150.77 (high-latency + cloud H4 + target H1) can be noted. The intermediate support is located at 151.45 (cloud H1 + the final borders of the golden cross H4).