GBP/USD: bears entered into Cloud

GBP/USD: bears entered into Cloud

Technical levels: support – 1.3310, 1.3255; resistance – 1. 3560.

Trade recommendations:

  1. Buy — 1.3260; SL — 1.3240; TP1 — 1.3440; TP2 — 1.3560.

Reason: bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, with the falling lines; the market entered into the cloudy area and may go lower to the support of Senkou Span B.

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gbp

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