GBP/USD: breakdown of support

GBP/USD: breakdown of support

Technical levels: support – 1.3200, 1.3090; resistance – 1.3280.

Trade recommendations:

  1. Sell — 1.3190; SL — 1.3210; TP1 — 1.3090; TP2 — 1.3050.

Reason: expanding bearish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen and  Kijun-sen; the prices are breakdown the main support of the Cloud and entered into the negative area.

02-gbpusdh4.png

gbp

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AUD/USD: aussie reached main target

Bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; but the market is overbought and under the strong resistance of 0.8000.

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.

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