On the daily chart of USD/JPY, there is the rally to 200% target of the AB=CD pattern.
GBP/USD: pound drew the inner bar
On the GBP/USD daily chart, there is a consolidation after a sudden rebound. After a bar with a wide range, two inner bars were formed. These are the boundaries of the trading range of 1.277-1.286. A breakout of the support will increase the risks of the correction towards 1.272 and 1.259. A successful test of the resistance will lead to the continuation of the rally.
On the GBP/USD hourly chart, the "Splash and ledge" pattern and triangle were formed. A breakout of the borders of the triangle and exit of quotes from the consolidation range of 1.277-1.285 will allow us to determine a further movement of the pair.
SELL 1,277 SL 1,2825 TP 1,26,
BUY 1,285 SL 1,2795 TP 1,305.
On the daily chart of EUR/JPY, the pair keeps going up to 127.2% and 88.6% targets of “Perfect butterfly” and “Shark” patterns.
Expanding bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen.
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…