GBP/USD: pound returned to negative area

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Technical levels: support – 1.3100; resistance – 1.3150.

Trade recommendations:

  1. Sell — 1.3160; SL — 1.3180; TP1 — 1.3100; TP2 — 1.3075.

Reason: narrowing bearish Ichimoku Cloud with falling Senkou Span B; a cancelled golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are in negative area, but on the strong support of 1.3100.

02-gbpusdh4.png

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