Last week price action on the Gbp/Usd evidently reversed the downtrend that had been on since the beginning of Feb. Looking at the Ichimoku+ Fib lines for the coming week,(H4) a pull back after a brief up run could hit the upper edge of the cloud and open a new target at the 38 fib line all the way up the round 1.5400 region.
The eur/usd seems to have lost steam on the down run. Breaking the cloud in the bullish side and a retest of the upper edge of the cloud has already occurred.Going long on the bounce with TP at the 38 fib line may be the trade of the week.
Happy trading week.