GBP/USD: pound corrected to Tenkan-sen
Technical levels: support – 1.3660; resistance – 1.3780, 1.3830.
Trade recommendations:
- Sell — 1.3780; SL — 1.3800; TP1 — 1.3660; TP2 — 1.3610.
Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with the falling lines; the market made a new lows and in correctional movement to Tenkan-sen now.