GBP/USD: pound keep staying under Cloud
Technical levels: support – 1.3140; resistance – 1.3250.
Trade recommendations:
- Sell — 1.3230; SL — 1.3250; TP1 — 1.3140; TP2 — 1.3040.
Reason: bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel Tenkan-Kijun; a market grown to Cloud’s resistance, but may continue the main daily downtrend.