GBP/USD: pound broke SSB’s resistance

GBP/USD: pound broke SSB’s resistance

Technical levels: support – 1.2900; resistance – 1.2980.

Trade recommendations:

  1. Buy — 1.2920; SL — 1.2900; TP1 — 1.2980; TP2 — 1.3050.

Reason: narrowing bearish Ichimoku Cloud and horizontal Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen under the Cloud; the prices broke the Cloud’s resistance and entered into the positive area.

02-gbpusdh4.png

gbp

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AUD/USD: aussie reached main target

Bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; but the market is overbought and under the strong resistance of 0.8000.

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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