GBP/USD: pound fell to Cloud’s support
Technical levels: support – 1.3100; resistance – 1.3260.
Trade recommendations:
- Buy — 1.3100/10; SL — 1.3080; TP1 — 1.3170; TP2 — 1.3260.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are fell to the support of the Cloud on the markets opening with a huge gap-down.