EUR/GBP: bulls control the situation
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.
USD/JPY: bears make decisive steps
Recommendation:
SELL 112
SL 112.55
TP 111
On the daily chart, the fact that USD/JPY left the short-term uptrend channel points at the seriousness of bears. If they manage to hold the USD below 113.00, the odds of a 5-0 pattern will increase.
On H1, the senior “Shark” pattern is transforming into 5-0. Bears managed to return the pair below important levels of 113.25 and 112.80. They want to trigger the junior pattern with a target of 88.6%.
Ivan Karamazov
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Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal.
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GBP/JPY broke support level 141.30
GBP/JPY broke support level 141…
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