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 looking for a hint
SELL 1.1705 SL 1.1760 TP1 1.1625 TP2 1.1530
BUY 1.1825 SL 1.1770 TP 1.1925
On the daily chart, bulls are trying to return the pair inside the uptrend channel at the phase of the “Spike and reversal with acceleration”. If they succeed. The odds of the uptrend’s resumption will increase. On the other hand, failure will allow bears to continue correction.
On H1, EUR/USD finished forming the “widening wedge”. Return of the quotes to 23.6% of the wave 4-5 will be a reason for short positions. On the other hand, growth to $1.1825 will allow opening longs.
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…