On the daily chart of XAU/USD, bears have tried to implement the “Shark” pattern
GBP/USD: pound is under strong resistance
Technical levels: support – 1.2530; resistance – 1.2550, 1.2590.
1. Sell — 1.2550; SL — 1.2570; TP1 — 1.2430; TP2 — 1.2400.
Reason: narrowing bullish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; the prices are under daily resistance; the local market is overbought.
On the daily chart of USD/CAD, the “Three drives” pattern keeps forming.
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising 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…