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GBP/USD: pound can’t breaking SSB’s resistance

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Technical levels: support – 1.3110; resistance – 1.3180.

Trade recommendations:

  1. Sell — 1.3100; SL — 1.3120; TP1 — 1.3050; TP2 — 1.3010.
  2. Buy — 1.3150; SL — 1.3130; TP1 — 1.3260; TP2 — 1.3300.

Reason: narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen; the prices are inside of a Cloud and under pressure of SSB’s resistance.

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