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.
GBP/USD: pound made a stop
TP1 1.434 TP2 1.4435 TP3 1.4525
On the daily chart, GBP/USD bulls came close to 113% target of the “Shark”. The counterattack of bears didn’t discourage the pound, because so far as it’s trading above $1.41 (the lower border of the uptrend channel), the situation is controlled by the buyers.
On H1, GBP/USD is moving within uptrend channel towards the 200% target of AB=CD. Pullbacks with the further rebounds from support may be used for buying.
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…