For EUR/JPY pair we observed an impulsive upward movement. Here we are following the ascendant structure from September 8 as middle-term initial conditions for uprising cycle. For GBP/JPY pair, we are watching the local ascendant tendency from September 14. In addition, it should be noted that correlation between GBP/JPY and EUR/JPY is strong and it allows us avoid false breakouts on the GBP/JPY pair.
Forecast for September 15: