GBP/USD: pound bounced from SSB’s

GBP/USD: pound bounced from SSB’s

Technical levels: support – 1.3250/80; resistance – 1.3340, 1. 3410.

Trade recommendations:

  1. 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.

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gbp

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USD/JPY: dollar made new lows

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the market made new lows, but there is a strong support on 111.00.

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