GBP/USD: market keep staying on Cloud

GBP/USD: market keep staying on Cloud

Technical levels: support – 1.3000/10; resistance – 1.3090.

Trade recommendations:

  1. Buy — 1.3000; SL — 1.2980; TP1 — 1.3040; TP2 — 1.3090.

Reason: bullish Ichimoku Cloud with rising Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices are on the support of Kijun-sen.

02-gbpusdh4.png

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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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