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Gbp/Usd is looking ready to run to the upside, as 4 hours indicators are pointing up, and is clear a continuation triangle in the mentioned timeframe: above 2.0085, the pair will regain bullish momentum, and next resistances will be at 2.0125, 2.0158, yesterday’s maximum and finally the zone around 2.0195. Supports from here will be at the congestion zone between 2.0000/15, that if broken will denied previous view, sending the pair to 1.9960 and finally 1.9928.
The Usd/Jpy is quoting right now around the key level between 103.70/90, that should hold for now, despite the bearish trend clear in 4 hours charts,as the pair seems quite oversold; if the pair manages to break under that zone, we could see the pair gaining momentum to the downside, targeting first the zone around 103.48 and finally 103.10. Resistances from here will be at the zone around 104.20, followed by 104.57 and finally 105.00.
