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: bulls took offensive
Technical levels: support – 111.30, 110.15; resistance – 112.20.
- Buy — 111.60; SL — 112.40; TP1 — 112.20; TP2 — 113.20.
Reason: narrowing bearish Ichimoku Cloud, horizontal Senkou Span B; a new golden cross of Tenkan-sen and Kijun-sen; the prices are entered into the Cloud.
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…