GBP/CHF falling inside minor impulse 3 Next sell target - 1…
EUR/GBP: bulls control the situation
TP1 0.8965 TP2 0.9005 TP3 0.92
On the daily chart of EUR/GBP, after a plenty of attempts, bulls have managed to pull the pair out of the upper boundary of the 0.87-0.89 consolidation. Bulls are going to continue the upward movement to the 161.8% target of the AB=CD pattern.
On H1, there is the “Spike and reversal with acceleration” pattern. Bulls control the situation. That’s why rebounds from important support levels should be used for buying.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…