GBPUSD, “Great Britain Pound vs US Dollar”
GBPUSD is rising within a bullish channel. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.2635 is expected, followed by a rise to 1.2835. An additional signal confirming the rise will be a rebound from the lower boundary of the bullish channel. The scenario could be cancelled by a breakout of the lower boundary of the Cloud, with the price securing below 1.2475, indicating a further decline to 1.2385. Meanwhile, the rise could be confirmed by a breakout of the upper boundary of the bullish channel, with the price establishing itself above 1.2755.
![GBPUSD](/upload/content/medium/gbpusd.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png)
USDJPY, "US Dollar vs Japanese Yen"
USDJPY has rebounded from the support level. The pair is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Cloud’s lower boundary at 154.65 is expected, followed by a decline to 151.15. An additional signal confirming the decline will be a rebound from the upper boundary of the bearish channel. The scenario can be cancelled by a breakout of the upper boundary of the Cloud, with the price securing above 156.55, which will signal a further rise to 157.45.
![USDJPY](/upload/content/medium/usdjpy.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png)
USDCAD, “US Dollar vs Canadian Dollar”
USDCAD has gained a foothold above the Tenkan-Sen line. The pair is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Cloud’s lower boundary at 1.3640 is expected, followed by a decline to 1.3525. An additional signal confirming the decline will be a rebound from the upper boundary of the bearish channel. The scenario can be cancelled by a breakout of the upper boundary of the Cloud, with the price securing above 1.3695, which will indicate a further rise to 1.3785.
![USDCAD](/upload/content/medium/usdcad.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png)