GBP/USD: pound returned to negative area
Technical levels: support – 1.3340; resistance – 1.3400.
Trade recommendations:
- Sell — 1.3330; SL — 1.3350; TP1 — 1.3270; TP2 — 1.3210.
- Buy — 1.3370; SL — 1.3350; TP1 — 1.3470; TP2 — 1.3510.
Reason: narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, with horizontal lines; the prices are returned to negative area and now in consolidation below the Cloud.