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GBP/USD: pound testing weekly support

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Technical levels: support – 1.3240, 1.3200; resistance – 1.3340.

Trade recommendations:

  1. Buy — 1.3240; SL — 1.3220; TP1 — 1.3340; TP2 — 1.3380.

Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen with a horizontal lines; the market fell to support of weekly Cloud and may bounced to Tenkan-sen and Kijun-sen.

02-gbpusdh4.png

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