GBP/USD – on H4 graph we can see well respected edges of growth channel. For a long time a consolidation is taking place close to the upper edge, and price is slowly falling to lower levels. It seems, however, that declines may continue to the lower edge so you can consider option PUT.
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USD/JPY – on H4 we see a break from a fairly broad consolidation that occurred after previous declines. For several days demand has been more dynamic, suggesting further increases. It seems that breaking out from consolidation can be treated as a buy signal so consider CALL option.
