USD/JPY broke daily down channel Next buy target - 1…
EUR/GBP reached buy target 0.9100
- EUR/GBP reached buy target 0.9100
- Next buy target - 0.9200
EUR/GBP continues to rise inside the minor impulse wave (iii), which earlier reversed up from the round support level 0.9000 (former strong resistance level which stopped the previous minor impulse wave (i) in the middle of July, as can be seen from the daily EUR/GBP chart below). The price today reached the resistance level 0.9100 (which was set as the buy target in our previous forecast for this pair). EUR/GBP is expected rise to next buy target at the next resistance level 0.9200.
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
The European Central Banks left its key interest rates…
Bullish Ichimoku Cloud, rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; but the prices are under the main daily resistance and local market is overbought.