Decreases on GBPUSD found another support on (4/8)P 1.5137 and after breaking Tenkan-sen price reached Kijun-sen 1.5382. If second level of balance will be broken today it will indicate going back to Senkou Span B 1.5462. However bearish trend is still dominating on this pair what is confirmed by averages setup and color of Kumo. Only Chikou span is above chart what informs about slower momentum but drop of price below Tenkan-sen 1.5244 will be a sell signal.
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Similar situation here. Price stays between Kijun-sen 184.47 and Tenkan-sen 182.7. What’s more, these levels are strengthen by Murrey lines and we can set orders both ways, waiting for rebound to (3/8)P and Kumo low 165.94 or (0/8)P 181.25.
This pair broke below from Kumo and now we can see that price is moving back to Tenkan-sen 2.1260. Next resistance is at Kijun-sen 2.1447 and unless price stays below this level we should expect continuation of bearish trend to (1/8)P 2.0752 and then (0/8)P 2.0508.
Correction of bearish trend for second session. Price broke Tenkan-sen 1.9969 and is getting closer do Kijun-sen 2.0166. Another decrease of GBPCAD below Tenkan-sen will indicate sell signal to (0/8)P 1.9531.