EURUSD. The daily chart.  Euro has broke resistance 1,4311 and have consolidation .Trade recommendations yielded significant profits (to put buy stop order on the 1.4311 level). You can try to put buy stop order on the 1.4513 level, put stop-loss order just below 1.4412 in this case.  There are many false alarms possible during consolidation. It makes trading difficult. I recommend to use the tactic of re-entry.

GBPUSD. Pair broke 1.6144 resistance, descending trend line on the daily chart and upwards pressure was stronger. Fibonacci extension has reached. You should to wait while rebound or turnaround signs will appear. Strategy: none.

 

Elena Chernaya, Chief Currency Strategist
ELAN Investment Solutions
 

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