GBPUSD
As we can see on GBPUSD chart correction of bearish trend stopped below monthly pivot and Senkou Span B 1.5342. After breaking Tenkan-sen 1.5213 support sell signal was generated and price got close to weekly S2 support 1.5043. Resistance area 1.5183-1.5225 is set by monthly S1, Tenkan-sen and weekly pivot. If bearish trend will be continued the range is 1.4943-1.4933 area set by weekly S3 and monthly S2. GBPUSD is currently close to first resistance – weekly S1 1.5114.
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GBPJPY
Next to important support stays GBPJPY. It is 184.72-184.09 area created by Senkou Span B, monthly pivot, weekly S2 and Kumo bottom. what’s more Chikou Span is next to Kijun-sen support and it can cause correction gains to weekly S1 185.13. Break from Kumo will be a signal of continuation of decreases to 182.59-182.22 area, wherewe can find weekly S3 and monthly S1. GBPUSD going back to Kijun-sen 186.31 will be a sign of side trend on currency pairs.
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AUDUSD
Reverse situation is on AUDUSD which is moving to resistance at weekly R1 0.7303. Chikou Span B reached chart and Tenkan-sen what can indicate temporary correction on Aussie. The most important area 0.7342-0.7366 (monthly R1 – weekly R2), which covers high from October 12th. As you can see on the chart, bullish trend started from support created by pivots.
