On the daily chart of AUD/USD, bulls still hope to implement the “Wolfe waves” pattern.
GBP/USD: bulls supported by Cloud
Technical levels: support – 1.3000; resistance – 1.3060.
- Buy — 1.3020/30; SL — 1.3000; TP1 — 1.3100; TP2 — 1.3130.
Reason: bullish Ichimoku Cloud with rising Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices are on the support of the Cloud and Tenkan-sen.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…