GBPUSD is testing the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenka
n-Sen line at 1.2630 is expected, followed by a decline to 1.2410. 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 1.2755, which will mean further growth to 1.2845.USDJPY is testing the upper boundary of the descending channel. The instrument is going above the Ichimoku Cloud, which suggests an uptrend.
The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 0.6415 is expected, followed by a decline to 0.6255. An additional signal confirming the decline will be a rebound from the lower boundary of the ascending channel. The scenario can be cancelled by a breakout of the upper boundary of the Cloud with the price securing above 0.6520, which will mean further growth to 0.6615.
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