GBPJPY H4 timeframe shows a bearish momentum by Ichimoku as below.
Ichimoku Analysis
- Kumo is bearish and Thick
- Price below Kumo, Tenkan sen, and Kijun sen
Next Scenario
Once we find below 2 confirmations, market can continuously be bearish.
- Chiko Span breakout
- Price breaks the support level of 149.58 level.