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.
EUR/USD: euro broke the trend
On the EUR/USD daily chart, there is a change in the long-term downward trend. It became clear after quotes went outside the downward trading channel and increased the slope of the medium-term "bullish" trend. In the nearest future, the euro may face a correction once 88.6% target in the inverted "Bat pattern is fulfilled. A successful test of the resistance at 1.12 may lead to the continuation of the rally towards 1.14 and higher.
On the EUR/USD hourly chart, fulfillment of the target 200% (1.12) in the AB = CD pattern may lead to a short-term rollback towards the area of 1.1060-1.1085.
On the daily chart of EUR/USD, the downward triangle is forming.
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal.
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…