GBP/USD: pair consolidating under Moving Averages
There's a 'V-Bottom', which has been confirmed, so the market is likely going to test the closest resistance at 1.2658 - 1.2695...
USD/JPY: bearish "Tower"
The 21 & 34 Moving Averages are acting as resistance, so there's a bearish "Harami" pattern, which has been confirmed enough. Therefore, the price is likely going to get support on the lower "Window" in the short term.
The price has been consolidating under the Moving Averages. Also, there's a bearish "Tower", which has been confirmed by the last "Three Methods" pattern. So, the market is likely going to continue declining during the day.
Galya Svetlova
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