GBP/USD: bulls feels good

GBP/USD: bulls feels good

Technical levels: support – 1.2900/20; resistance – 1.3000.

Trade recommendations:

  1. Buy — 1.2920; SL — 1.2900; TP1 — 1.3000; TP2 — 1.3020.

Reason: bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices breaking out the resistance of Senkou Span A and entered to the positive area; waiting for the new local highs.

02-gbpusdh4.png

gbp

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