Expanding bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen.
GBP/USD: pound bounced from SSB’s
Technical levels: support – 1.3250/80; resistance – 1.3340, 1. 3410.
- Buy — 1.3270; SL — 1.3250; TP1 — 1.3340; TP2 — 1.3410.
Reason: narrowing bullish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with the horizontal Tenkan-sen and Kijun-sen; the prices are reached the SSB’s support and bounced inside Cloud.
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…