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 is consolidating
SELL 1.2215 SL 1.227 TP1 1.2115 TP2 1.2095 TP3 1.1965
BUY 1.247 SL 1.2415 TP1 1.257 TP2 1.267 TP3 1.277
On the daily of EUR/USD, there are the senior and junior “Broadening wedge” patterns. To resume the uptrend, bulls should push the pair above resistance at 1.2457-1.2470. On the other hand, decline below support at 1.2215 will open the way for the decline.
On H1, EUR/USD keeps consolidating in the 1.2215-1.2445 range within the “Spike and reversal with acceleration” pattern. A break of support at 1.2315 will trigger the “Shark” pattern.
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…