The pair broke today resistance area 1.4439/29 created by Tenkan-sen and Kijun-sen and reached yesterday (7/8) 1.4526 line. Now it is important whether chart will stay above this area. Next resistance is at (8/8) 1.4648. However if (7/8) line will not be broken there is possibility of GBPUSD going back to Senkou Span B 1.4387.
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Sixth session of consolidation and chart is still below Senkou Span B 110.00. I prefer to wait for further development of the situation, but bearish scenario is more possible. USDJPY going back below support area 108.04-107.81 will be a signal. The range is at next Murrey lines 106.25 and 104.69.
Here we also have to wait for the signal. So far bearish trend correction stopped on Kijun-sen but the most important resistance is Senkou Span B 124.85 and (4/8) 125.00. Sell signal is another decrease below Tenkan-sen 123.03, first range at 121.88 and second at 120.30.
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