EUR/NZD made a top in June and went down going through the 50-day MA (1.7035) and the support line from March lows.
GBP/USD: pound entered into channel Tenkan-Kijun
Technical levels: support – 1.3680; resistance – 1.3830.
- Sell — 1.3760; SL — 1.3780; TP1 — 1.3690; TP2 — 1.3650.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...
Bearish Ichimoku Cloud with falling Senkou Span A and rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with falling lines.
The picture on W1 looks very much like the “Head and Shoulders” with the neckline at 3.68 or 3.56.