The GBP/USD pair is currently showing signs of bouncing off the indicator’s signal lines. It is trending above the Ichimoku Cloud, indicating an uptrend. The pair is expected to test the Cloud’s upper boundary at 1.2755 and potentially rise to 1.2915. A rebound from the lower boundary of the bullish channel would further confirm the upward movement. However, a breakout below 1.2705 could signal a decline to 1.2615.
Gold (XAU/USD) is currently testing a resistance area and moving within the Ichimoku Cloud, suggesting a sideways trend. The Kijun-Sen line at 2350 is likely to be tested, with a potential rise to 2435. A rebound from the upper boundary of the bearish channel would support the upward movement, while a breakout below 2325 could lead to a decline to 2295.
USD/CHF is in a corrective phase after bouncing off the indicator’s signal lines. The pair is trending below the Ichimoku Cloud, indicating a downtrend. A test of the Tenkan-Sen line at 0.8925 is expected, followed by a potential decline to 0.8765. Confirmation of the downward movement would come from a rebound from the upper boundary of the bearish channel. However, a breakout above 0.9055 could signal a further rise to 0.9145.