FBS Markets Inc.

GBP/USD: pound entered into channel Tenkan-Kijun

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Technical levels: support – 1.3680; resistance – 1.3830.

Trade recommendations:

  1. Sell — 1.3760; SL — 1.3780; TP1 — 1.3690; TP2 — 1.3650.

Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.

02-gbpusdh4.png

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