Looking at the daily GBP/JPY we can see that we are trading close to support at the 38% fibonacci level and Senkou Span Line.
We are bullishly trading above the Kumo (cloud) and we received a normal strenth buy signal when the Tenkan-Sen crossed above the Kijun-Sen from below within the Kumo.
The signal would have been stronger if the crossover had taken place above the Kumo.
Something important to keep in mind is that Oanda's default IKH settings are not the traditional 9, 26, 52. As an example of how that can vary results: per 9, 26, 52 settings, the Tenkan/Kijun cross on May 23 did occur above the Kumo. Also, the bottom-up Kijun cross occurred on May 22 above the Kumo.
As 4xstar mentioned, Danny, you should stop by the new IKH thread in the Swing Trading strategy section of the forum. Not much activity yet, but the thread has just begun.