USD/JPY: 'Three Methods' led bullish rally
There's no any reversal pattern so far, which means the market could continue moving up in the coming hours...
GBP/USD: bullish "Flag" pattern
There's a bullish "Flag", so the market is likely going to test the next resistance at 1.3996 - 1.4069. This area could be a starting point for a decline towards another support at 1.3928 - 1.3888.
The price is still consolidating in a range of the developing "Flag" pattern. Also, there's a pullback from the Moving Averages, so the pair is likely going to test the closest resistance at 1.3996 - 1.4023 in the short term.
Sergey Logachev
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